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Mukesh Ambani resigns from board of Reliance Jio, son Akash made chairman - Jammu Kashmir Latest News | Tourism

MUMBAI, June 28: Mukesh Ambani has resigned from the board of his group’s telecom arm, Reliance Jio and handed over the reins of the company to elder son Akash, a step seen as succession planning by the 65-year old billionaire. In a stock exchange filing, Reliance Jio Infocomm 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.” This comes after […] ....

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Akash Ambani named chairman of Reliance Jio; Mukesh Ambani resigns

Among other appointments, Pankaj Mohan Pawar was appointed managing director of the company for five years beginning June 27. ....

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