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NEWS ALERT TECHNOLOGY

Mukesh Ambani resigns from the post of director of Jio, Akash Ambani becomes chairman

There has been a major reshuffle at the management level of Reliance Jio Infotech Limited. Reliance Jio Infocomm Ltd, the digital arm of Reliance Industries, on Tuesday announced that Mukesh Ambani has resigned as the company’s director.

The firm informed that Akash Ambani, a non-executive director and son of Ambani, has been appointed as the chairman of the board. At the same time, Pankaj Mohan Pawar will now take over as the Managing Director of the company.

Major reshuffle in the company

Industrialist Mukesh Ambani has resigned as a director of the company with effect from June 27. Pankaj Mohan Pawar will take over as the director of the company from June 27. Besides these, the board of the company has nominated Raminder Singh Gujral and KV Choudhary as directors for a period of five years commencing from June 27. Reliance Jio Infotech Limited also informed the stock markets on Tuesday about this big change. The major reshuffle made in the company is to take the new leadership forward.

Last year Mukesh Ambani had given signs of change
Let us tell you that in December last year itself, Mukesh Ambani had indicated major changes at the management level in the company. He then said that in order to take the company further, it is necessary to take the new leadership forward. Since then, the work of handing over the company to the next generation was also started rapidly.

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