Mukesh Ambani Steps Down As Reliance Jio's Director, Son Akash Appointed Chairman

DY365
DY365
Published: June 28,2022 05:28 PM
DY365

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Mukesh Ambani has resigned as the director of Reliance Jio effective from June 27 and handed over the reins of the company to his elder son Akash

June 28, 2022: Mukesh Ambani has resigned as the director of Reliance Jio effective from June 27 and handed over the reins of the company to his elder son Akash.



In a stock exchange filing, Reliance Jio said the company's board at a meeting on June 27, "approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company."



The Board of Directors that met on June 27, also approved the appointment of Pankaj Mohan Pawar as the Managing Director of the company from 27 June. Raminder Singh Gujral and KV Chowdary were appointed as Independent Directors.