All About The Scions Who Will Take Charge Of Reliance Business Empire
NDTV
Mukesh Ambani elevated his three children as non-executive directors to Reliance's board
Asia's richest man Mukesh Ambani took another step on Monday to lay out a succession plan at Reliance Industries Ltd.
The 66-year-old elevated his three children as non-executive directors to Reliance's board and said he will spend the next five years of his chairmanship preparing them to take charge of the conglomerate's transformation into a digital, consumer and green energy behemoth.
It's all part of an effort to avoid repeating the tumultuous split that roiled the first family of corporate India. More than a decade ago Reliance's founder, Dhirubhai Ambani, died without a will or a clear leadership transition, stirring a bitter feud between Mukesh and his younger brother, Anil. Reliance was eventually divided up following the intervention of their mother.
