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Mukesh Ambani Will Remain Reliance CMD For Next Five Years

During the 46th annual general meeting (AGM) of Reliance Industries, held on August 28, Chairman Mukesh Ambani said that he will remain the Chairman and Managing Director of Reliance Industries for the next five years.

“I shall continue to perform my duties and responsibilities as Chairman and Managing Director for five more years, with greater vigour. Towards this end, I have assigned myself three responsibilities. First: I shall groom and empower all the Next-Gen leaders at Reliance and prepare them for the challenges and opportunities of the future,” he said.

Additionally, the board of directors of RIL at the AGM recomanded  an approval of the appointment of Isha Ambani, Akash Ambani and Anant Ambani as Non-Executive Directors of the company.

“Isha Ambani, Akash Ambani and Anant Ambani have been closely involved with and are leading and managing key businesses of RIL over the last few years including retail, digital services and energy and materials businesses. They also serve on the boards of the key subsidiaries of RIL,” a press release said.

In his speech Chairman and Managing director of RIL, Mukesh Ambani said he will especially mentor Akash, Isha and Anant so that they can provide collective leadership and dependably take Reliance to greater heights of growth and value in the decades ahead.

“Together with the Board and all my long-time colleagues, I shall further enrich Reliance’s unique Institutional Culture, which has sustained your Company’s perpetual and exponential growth. I assure you that the combination of the experience of senior leaders and the ambition of new leaders will script newer and more exciting chapters in Reliance’s ever-growing book of achievements,” he added

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