Why Did Reliance Appoint Anant Ambani as Executive Director? Get the Details Here!

Anant Ambani, the youngest son of Mukesh Ambani, has been appointed as the Executive Director of Reliance Industries Limited (RIL) for a five-year term starting May 1, 2025. This decision is part of the Ambani family’s long-term succession plan for India’s largest company.

Anant is currently a Non-Executive Director at RIL. With this new role, he will take on more responsibilities in managing the company, but the appointment still needs to be approved by RIL’s shareholders.

Anant has been actively involved in Reliance’s energy and sustainability initiatives, helping the company move toward its goal of becoming a net-zero carbon business by 2035. His work includes:

• Increasing production of clean fuels and eco-friendly materials
• Developing advanced carbon capture technology
• Promoting recycling and circular materials
• Improving the process of turning crude oil into chemicals

He is also on the boards of several other Reliance companies:

• Jio Platforms Limited (since March 2020)
• Reliance Retail Ventures Limited (since May 2022)
• Reliance New Energy Limited and Reliance New Solar Energy Limited (since June 2021)
• Reliance Foundation, the group’s charity wing (since September 2022)

Anant is a graduate of Brown University. Among the Ambani siblings, he is the first to be made an Executive Director at RIL.

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His brother Akash Ambani is already the Chairman of Jio Infocomm, the group’s telecom company, since 2022. His twin sister Isha Ambani Piramal is leading the company’s retail business.

In 2023, when Anant was appointed to the board of RIL, some advisory firms had raised concerns.

• Institutional Investor Advisory Services (IiAS) asked shareholders to vote against the decision, saying he was too young (28 years old) for such a role.
• Institutional Shareholder Services (ISS) from the US also raised concerns about his limited experience in leadership and board roles (only six years), according to Bloomberg.

Despite this, Reliance’s board has shown strong trust in Anant’s abilities and his future leadership.