The retail arm of Reliance Industries (RIL) is about to get a new chairperson. Isha Ambani, the daughter of Reliance Industries Chairman Mukesh Ambani, will take over as the organization’s new chairperson. This is a sign that Mukesh Ambani is moving ahead with his business empire’s success plan.
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Earlier, Reliance Group appointed Mukesh Ambani’s son Akash Ambani as the chairman of the telecom unit. The group announced this on Tuesday. Reliance Jio Infocomm is the telecom arm of the Reliance Group. Akash and Isha were part of the team that discussed the issue of investing in the meta platform in Reliance Group.
It is being told that the announcement of making Isha the chairperson of the retail unit can be made sometime on Wednesday. People associated with this matter gave this information on the condition of anonymity. At present, Isha Ambani is the director of Reliance Retail Ventures. A representative of Reliance Group declined to comment.
Isha Ambani is 30 years old. He studied at Yale University. Anant is his younger brother, who is 27 years old. Isha and Akash are twins.
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Reliance Retail and Reliance Jio are subsidiary companies of Reliance Industries. Reliance Group’s business of $ 217 billion includes oil, telecom, and retail. Reliance Industries is the flagship company of this group. Its chairman and managing director are Mukesh Ambani.