Isha Ambani is set to be named chairman of the Reliance conglomerate\u2019s retail unit in another sign that her father, Indian billionaire Mukesh Ambani, is pushing ahead with a plan for succession in one of Asia\u2019s richest families.<\/p>\n
An announcement of Isha Ambani\u2019s elevation could come as early as Wednesday, according to people with knowledge of the matter, who asked not to be identified ahead of a formal statement. She is currently director of Reliance Retail Ventures Ltd.<\/p>\n
A representative for the group declined to comment.<\/p>\n
Isha Ambani\u2019s promotion follows that of her twin brother, Akash Ambani, who was appointed on Tuesday as chairman of the telecom unit, Reliance Jio Infocomm Ltd. Isha and Akash have both been part of teams that negotiated Meta Platforms Inc.\u2019s investment in the group.<\/p>\n
Isha, 30, is an alumnus of Yale University. The twins have a younger brother, Anant, 27.<\/p>\n
Reliance Retail and Reliance Jio are subsidiaries of the family\u2019s oil-to-telecom conglomerate, of which the $217 billion Reliance Industries Ltd. is the flagship firm. Mukesh Ambani is chairman and managing director of Reliance Industries.<\/p>\n","protected":false},"excerpt":{"rendered":"
Isha Ambani is set to be named chairman of the Reliance conglomerate\u2019s retail unit in another sign that her father, Indian billionaire Mukesh Ambani, is pushing ahead with a plan for succession in one of Asia\u2019s richest families. An announcement of Isha Ambani\u2019s elevation could come as early as Wednesday, according to people with knowledge of the matter, who asked not to be identified ahead of a formal statement. She is currently director of Reliance Retail Ventures Ltd. A representative for the group declined to comment. Isha Ambani\u2019s promotion follows that of her twin brother, Akash Ambani, who was appointed […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-799295","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/799295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=799295"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/799295\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=799295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=799295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=799295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}