
Passing the baton to the next generation, Mukesh Ambani has resigned from the board of Reliance Jio, the telecom arm of the oil-to-retail conglomerate Reliance Industries (RIL), and handed over the company’s reins to their son Akash.
The $217 billion company in a statement said its board approved on June 27, 2022, the appointment of Akash Ambani as Chairman of the Board. Akash has also been appointed as a non-executive director of Reliance Jio Infocomm.
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