Mukesh Ambani resigns from Reliance Jio, son Akash made chairman

28-06-2022 Tue 18:15

The directorship of Mukesh Ambani at Reliance Jio Info Limited has been changed with an immediate effect. One of Asia's richest families has begun a leadership change as the business tycoon stepped down. The chairman of the board of directors has reportedly been named as Akash Ambani, a non-executive director at Reliance Jio, India's top wireless provider.

Subject to shareholder agreement, the Board authorised the nomination of Pankaj Mohan Pawar as the Managing Director for a term of five years beginning on June 27.

Raminder Singh Gujral and K.V. Chowdary were also appointed as the additional directors by the board.


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