Ambani’s youngest son Anant appointed Executive Director of Reliance Industries

Billionaire Mukesh Ambani’s youngest son, Anant has been appointed as Executive Director of Reliance Industries Ltd for a five- year term effective May 1, the company said.

Ambani had in August 2023 inducted his three children – twins Isha and Akash and Anant – on the board of oil-to-telecom conglomerate as non-executive directors, in preparation of an eventual succession plan.

Asia’s richest person in recent years has said that the children would have significant roles at Reliance, India’s most valuable and profitable company. Eldest son Akash is already chairman of the telecom arm, Jio Infocomm since June 2022 after joining the unit in 2014.