Categories: Appointments

Mukesh Ambani Resigns, Akash Ambani is New Jio Chairman

Mukesh Ambani’s eldest son Akash Ambani will take over as chairman of Jio Infocomm’s board, the digital division of Reliance industries, in what is viewed as the 65-year-old billionaire’s succession planning. Mukesh Ambani has resigned as the company director effective from 27 June.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Pankaj Mohan Pawar was among the other selections made, and his five-year term as managing director began on 27 June. KV Chowdary and Raminder Singh Gujral were named independent directors.

Mukesh Ambani will continue to serve as chairman and managing director of Reliance Industries Ltd (RIL) and as the chairman of Jio Platforms Ltd, the parent firm of all Jio digital services brands, including Reliance Jio Infocomm. Broadly, Reliance operates under three main business segments, petrochemicals and oil refining, retail, and digital services, which includes telecom.

Find More Appointments Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Home Rule Movement (1916): Tilak and Annie Besant’s Fight for Self-Government

The Home Rule Movement in India (1916-1918) is another notable stage in the process of…

2 hours ago

RBI Survey Raises FY27 Growth Forecast to 6.6%

According to the Reserve Bank of India’s 101st Survey of Professional Forecasters (SPF), there has…

3 hours ago

Karnataka Moves Supreme Court Against Bike Taxi Ruling, Cites Safety and Insurance Concerns

The Government of Karnataka has filed its case with the Supreme Court challenging the High…

4 hours ago

Dr Srinivasa Kumar Tummala Assumes Charge as MoES Secretary

Noted oceanographer and scientist Dr Srinivasa Kumar Tummala has taken charge as the Secretary of…

4 hours ago

Jallianwala Bagh Massacre (1919): The Incident That Shocked India

The Jallianwala Bagh Massacre of 1919 is one of the most infamous events that happened…

5 hours ago

Shivraj Chouhan Launches NSP-DBT Scholarships for Agriculture Students

Union Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan has launched a new scholarship and…

5 hours ago