News: Reliance Industries to appoint Nita Ambani as director on board

Strategic HR

Reliance Industries to appoint Nita Ambani as director on board

India’s largest private sector company Reliance Industries will appoint its chairman Mukesh Ambani’s wife Nita Ambani as a director on the board. Nita Ambani, who currently heads Reliance Foundation, will replace RIL’s 90-year old long-serving director Ramnik H Ambani who is due to retire. RIL will seek shareholders’ approval for Nita’s appointment on June 18, said a release from the company. Nita Ambani’s nomination to the board comes at a time when she is playing a bigger role in the company. Nita has transformed Reliance Foundation into a organisation with 1000 employees four years after Mukesh Ambani had announced his desire to set up the foundation. The non-profit body is focusing on rural transformation, healthcare and education.

India’s largest private sector company Reliance Industries will appoint its chairman Mukesh Ambani’s wife Nita Ambani as a director on the board. Nita Ambani, who currently heads Reliance Foundation, will replace RIL’s 90-year old long-serving director Ramnik H Ambani who is due to retire. RIL will seek shareholders’ approval for Nita’s appointment on June 18, said a release from the company. Nita Ambani’s nomination to the board comes at a time when she is playing a bigger role in the company. Nita has transformed Reliance Foundation into a organisation with 1000 employees four years after Mukesh Ambani had announced his desire to set up the foundation. The non-profit body is focusing on rural transformation, healthcare and education.

Read the Economic Times news report here.

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Topics: Strategic HR, Appointments, #Corporate

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