Isha and Akash Ambani made directors in Reliance companies

There is an apparent succession planning taking shape at Reliance industries. India’s largest business house has given charge to GenNext. Mukesh Ambani’s twin scions Isha and Akash have formally joined as Board of Reliance Jio Infocomm and Reliance Retail Ventures, a wholly-owned subsidiary of RIL, as directors.
Akash has graduated from Brown University with majors in Economics is already working with a close associate of Ambanis Manoj Modi on RIL’s 4G telecom venture.
Isha has graduated from Yale University with majors in psychology and South Asian Studies has also worked briefly with McKinsey.
The young brigade of Ambanis has been present at the Annual General Meetings, but the formal induction of the two is now complete.
Reliance Industries is already preparing for the launch of 4G telecom service in 2015, so the timing of the new inductions seem critical and interesting.

Month: Current Affairs - October, 2014