In a clear sign of succession planning, billionaire Anil Ambani is planning to induct his younger son, Jai Anshul Ambani, on the board of Reliance Infrastructure (RInfra) as an executive director. Anil Ambani’s elder son Jai Anmol Ambani has already been inducted on the board of Reliance Capital in 2016.
Insiders said the induction of Anshul would coincide with the birthday of the late patriarch of Reliance Group Dhirubhai Ambani in the last week of December. Both brothers will be groomed by Anil Ambani himself who is the chairman of both companies.
When contacted, an Reliance Infrastructure spokesperson said: “As