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HomeTechMukesh Ambani Resigns From Jio, Son Akash Made Chairman

Mukesh Ambani Resigns From Jio, Son Akash Made Chairman

has resigned from the board of his group’s telecom arm, Reliance and handed over the reins of the corporate to elder son Akash, a step seen as succession planning by the 65-year previous billionaire.

In a inventory change submitting, Reliance Jio Infocomm stated the corporate’s board at a gathering on June 27, “authorized the appointment of Akash M Ambani, non-executive director, as chairman of the board of administrators of the corporate.” This comes after his father resigned with impact from shut of working hours on June 27, it stated.

Amongst different appointments, was appointed Managing Director of the corporate for 5 years starting June 27.

Raminder Singh Gujral and KV Chowdary had been appointed impartial administrators, it added.



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