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Reliance Jio board on Tuesday authorised the appointment of non-executive director Akash Ambani as chairman of the company’s Board, the corporation explained in a statement.


Reliance Industries chairman and father of Akash Ambani, Mukesh Ambani, resigned as director of the telecom main effective June 27. The announcement will come times in advance of the RIL AGM where by Street is expecting demerger plans from the oil-to-telecom conglomerate.

Jio named Raminder Singh Gujral, K V Chowdary as directors for a period of 5 decades commencing from June 27, 2022.


Jio also accepted appointment of Pankaj Mohan Pawar as Taking care of Director of the enterprise for five many years commencing from June 27, 2022.


Akash Ambani takes above at a time when the Indian telecom corporations will be rolling out 5G network in a few months and are on the lookout at increasing the common income for every consumer, a critical metric to counsel sustainability in the industry.

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