• Isha Ambani, the daughter of Mukesh Ambani, will be appointed Chairperson of the Retail Unit

    Business
    Isha Ambani, the daughter of Mukesh Ambani, will be appointed Chairperson of the Retail Unit

    Isha Ambani's promotion follows that of her twin brother Akash, who was made chairman of Reliance Jio Infocomm Ltd.'s telecom sector on Tuesday. Isha and Akash both worked on the teams that negotiated Meta Platforms Inc.'s investment in the group.

    Digital Desk: In yet
    another indication that her father, Indian billionaire Mukesh Ambani, is moving
    through with a plan for succession in one of Asia's wealthiest families, Isha
    Ambani is scheduled to be made chairman of the Reliance conglomerate's retail
    division.



    color:black">Isha Ambani's promotion could be disclosed as soon as this
    Wednesday, according to knowledgeable sources who declined to be named before a
    formal announcement. She is now a director of Reliance Retail Ventures Ltd.



    color:black">A spokesman for the group declined to comment.

    Isha Ambani's promotion follows that of her twin brother Akash,
    who was made chairman of Reliance Jio Infocomm Ltd.'s telecom sector on
    Tuesday. Isha and Akash both worked on the teams that negotiated Meta Platforms
    Inc.'s investment in the group.



    color:black">Isha, 30, graduated from Yale University. The younger twins'
    brother, Anant, is 27 years old.



    Reliance Retail and
    Reliance Jio are divisions of the family's oil-to-telecom conglomerate, whose
    $217 billion Reliance Industries Ltd. is its flagship business. Mukesh Ambani
    is the chairman and managing director of Reliance Industries.



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