Nita Ambani resigns from Reliance board, new generation takes over, see photos

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Reliance AGM

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.

Akash, Isha and Anant Ambani

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.

Nita Ambani

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.

Mukesh Ambani and Nita Ambani

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.

Reliance industries limited

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.

Reliance industries

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.

Reliance industries

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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