Akash Ambani Appointed as the Chairman of Reliance Jio

Mukesh Ambani's company Reliance Jio Infotech Limited has undergone a major reshuffle at the management level. In the information given to market regulatory SEBI, Reliance Jio said that the board meeting was held on 27 June 2022, in which the board of Reliance Jio has approved the appointment of Akash Ambani as the new chairman of the board. Mukesh Ambani has resigned as the director of the company with effect from June 27.

With this, Pankaj Mohan Pawar will take over as the Managing Director of the company from June 27 and he will continue as the Managing Director for the next five years. On the other hand, Raminder Singh Gujral and K.V. Chaudhary have been appointed as the Additional Director of the company. According to the information given to SEBI, Mukesh Ambani has resigned from his position as a director of the company with effect from June 27, 2022. The appointment of Akash Ambani as the Chairman of the Board of Directors of the Company has been approved.