Nita Ambani resigns from Reliance board, new generation takes over, see photos
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Nita Ambani resigns from RIL board
Reliance Industries Limited on Monday said that Nita Ambani has resigned from the RIL board as she wants to focus her time on Reliance Foundation. However, she will continue to attend all board meetings of RIL as a permanent invitee to the board as chairperson of Reliance Foundation.
Isha, Akash and Anant Ambani appointed as non-executive directors
The board has appointed Isha Ambani, Akash Ambani and Anant Ambani as non-executive directors of the company. His appointment will be effective from the date he assumes office subject to the approval of the shareholders.
Many big works done under the leadership of Nita Abani
Reliance Foundation is the charitable arm of Reliance Industries. Under the leadership of Nita Ambani, the Foundation has launched various programs and initiatives aimed at addressing a wide range of social issues including education, health care, rural development and disaster response.
Nita Ambani’s contribution to Reliance Foundation
His work through the Reliance Foundation includes initiatives such as providing quality education, healthcare and rural development programs to underprivileged communities in India. The Foundation has made significant contributions during various national calamities including the COVID-19 pandemic.
Cleared the way for Akash to become the president
Last year, RIL chairman Mukesh Ambani cleared the way for his eldest son Akash Ambani to become the chairman of India’s largest mobile company, Reliance Jio Infocomm Ltd.
All three were handling this business
Isha, Akash and Anant Ambani have been managing RIL’s core businesses including retail, digital services and energy and materials businesses for the past few years. While Isha is driving the expansion plans of Reliance Retail, Akash is the chairman of Reliance Jio Infocomm Limited. Anant Ambani is driving the expansion of Reliance Industries’ energy and materials businesses.
Appointed to the Board of the parent company for the first time
Akash’s twin sister, Isha, was selected for Reliance’s retail arm and youngest brother, Anant, for the new energy business. This is the first time that siblings have been appointed to the board of the parent company.
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