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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.

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.

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.

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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