Mumbai : The board of Reliance Jio has appointed Akash Ambani as its chairman, a regulatory filing stated on June 28. His elevation as the board chairman was announced along with the news of his father Mukesh Ambani stepping down as the director of the telecom major.
“The Board of Directors have at their meeting held on June 27, 2022 has approved the appointment of Mr. Raminder Singh Gujral and Mr. K.V. Chowdary, as Additional Directors of the Company, designated as Independent Directors for a period of 5 (five) years commencing from June 27, 2022, subject to approval of the shareholders” the company said in a regulatory filing.
approved the appointment of Mr. Pankaj Mohan Pawar as Managing Director of the Company for a period of five (5) years commencing from June 27, 2022, subject to approval of the shareholders, noted the resignation of Mr. Mukesh D. Ambani as Director of the Company effective from close of working hours on June 27, 2022; and approved the appointment of Mr. Akash M. Ambani, Non-executive Director as Chairman of the Board of Directors of the Company” it added.