Billionaire Mukesh Ambani’s youngest son, Anant Ambanihas been appointed as executive director of Reliance Industries Ltd (RIL) for a five-year term, effective May 1, the company said.
In August 2023, Mukesh had inducted his three children — twins Isha and Akash and Anant — on the board of oil-to-telecom conglomerate as non-executive directors, in preparation of an eventual succession plan. Eldest son Akash is already chairman of the telecom arm, Jio Infocomm, since June 2022, after joining the unit in 2014.
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