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Gen-next Ambanis get board seat at Reliance

Mukesh Ambani's daughter Isha, son Akash join Reliance Jio and Reliance Retail boards, respectively

Akash Ambani & Isha Ambani

BS Reporter Mumbai
Five months after their mother Nita Ambani became a director of Reliance Industries Limited (RIL), daughter Isha and son Akash are following her footsteps.

While Isha, 22, has been inducted into the board of Reliance Jio Infocomm, her twin brother Akash has joined the Reliance Retail board.

Adil Zainulbhai, an independent director of RIL, has also been appointed on the board of Reliance Retail.

Isha, who graduated from Yale University with double majors in Psychology and South Asian Studies in 2013, had this April joined McKinsey & Company's New York office as a business analyst.

Akash - according to his father Mukesh Ambani is the family's tech guy - is already involved in the development of products and digital services applications in Reliance Jio. He graduated from Brown University with major in Economics.
 

Among Mukesh and Nita's three children, Akash is the eldest, while Anant, the second son, is the youngest.

Their cousin, Jai Anmol, the eldest son of Reliance Group Chairman Anil Ambani, is also not far behind. Jai Anmol, who has joined Reliance Capital, is expected to play a larger role in the group. Jai Anmol has a degree from Warwick Business School in the UK and his younger brother, Jai Anshul, is pursuing higher studies in the US. Both Mukesh and Anil had joined RIL in the early 1980s after completing their education.

RIL's telecom venture, Reliance Jio Infocomm Limited, plans to launch internet connectivity on a pan-Indian basis and offer end-to-end solutions across digital services in domains of national interest, such as education, health care, security, financial services, government-citizen interfaces and entertainment.

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First Published: Oct 11 2014 | 10:30 PM IST

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