Money & Finance
POSTED BY: Ranjeet Kumar
PUBLISHED: Jun 29, 22
Akash M. Ambani, a non-executive director and Mukesh Ambani's son, has assumed leadership of the board of directors of Reliance Jio Infocomm Ltd
RIL's digital and telecom division, in a momentous succession for the Reliance Industries (RIL) empire.
Following Mukesh Ambani's departure as the company's Director with effect from June 27, Akash was promoted.
Mukesh Ambani will however continue to serve as chairman of Jio Platforms Ltd, the parent firm of all Reliance Jio digital services businesses.
Akash Ambani, 31, received his economics degree from Brown University. In 2020, he wed Shloka Mehta, with whom he had a son named Prithvi.
The oldest of Mukesh and Nita Ambani's three children is Akash Ambani. He has an older brother named Anant Ambani and a twin named Isha Ambani.
Isha, who is wed to Anand Piramal, is largely expected to take over management of the retail sector from Mukesh Ambani.