Mukesh Ambani once got angry with son Akash Ambani, asked him to apologise immediately to…, the reason was…

Mumbai: In a major decision, the Board of Directors of Reliance Industries Ltd has appointed Mukesh Ambani’s younger son Anant Ambani as Executive Director of India’s largest conglomerate on Friday. Anant will serve as the Executive Director of the company for five years, starting from May 1, 2025. The move comes as part of the Ambani family’s succession planning. Notably, Anant Ambani was a Non-Executive Director in the company and will now take on executive responsibilities.

Anant is part of the team focusing on Reliance’s energy and sustainability. The company aims to become a net-zero carbon company in the next 10 years. The plan involves increasing the production of sustainable fuels and materials, creating advanced carbon capture methods, fostering a circular economy for materials, and improving the efficiency of converting crude oil into chemicals.

Anant Ambani has been on the Board of Jio Platforms Limited since March 2020, Reliance New Energy Limited and Reliance New Solar Energy Limited since June 2021, and Reliance Retail Ventures Limited since 2022. He has also been on the board of Reliance Foundation since September 2022.