Mukesh Ambani makes succession clear to shareholders at Reliance AGM

Mumbai: Twenty years after being appointed chairman and managing director of Reliance Industries (RIL), Mukesh Ambani has announced the family succession plan for his group when he listed the separate businesses his three children would lead.

Akash will head the digital business housed in Jio, his twin sister Isha the retail division. Their younger sibling Anant has joined the new energy business. Ambani said the siblings have inherited his father and RIL founder Dhirubhai Ambani’s mindset.

“They are first among equals in a young team of leaders and professionals already doing amazing things at Reliance. Of course, all of them are being mentored on a daily basis by our senior leaders, including the board of directors and myself,” he said at RIL’s annual general meeting (AGM).“Our next-generation (next-gen) leaders are confidently taking over the reins across businesses,” said Ambani.

“Akash and Isha have assumed leadership roles in Jio and retail, respectively. They have been passionately involved in our consumer businesses since inception. Anant has also joined our new energy business with great zeal. In fact, he is spending most of his time in Jamnagar,” he said.

Thirty-year-old Akash is a Brown University alumnus. Isha is a Yale University graduate. Twenty seven-year-old Anant has studied at Brown University.

Ambani appealed to youngsters from across the world to join Reliance. 

“Let me add here that Reliance is forever hungry for top-notch talent from India and around the world. We invite them with an assurance that they will enjoy the finest work environment in the world, so that they can develop their innate potential in an unconstrained way.”

Image courtesy of (Socialxyz)

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