Meet Akash Ambani — new chairman of Reliance Jio and owner of Mumbai Indians

Jun 28, 2022

By: Vaamanaa Sethi

Credit: BCCL

Mukesh Ambani has stepped down as the director of Reliance Jio effective June 27,...

...and has handed over the reins of the company to his eldest son Akash Ambani.

Credit: BCCL

Other major appointments

Pankaj Mohan Pawar took over as the managing director, while Raminder Singh Gujral and KV Chowdary were appointed as independent directors of the company.

Credit: Wikipedia

Akash has been closely involved with a team of engineers in inventing...

...and launching in India-specs focussed Jiophone in 2017.

Credit: Jio

He personally led the key acquisitions made by Jio in the digital space in the last few years...

...and has also been keenly involved with development of new technologies and capabilities including AI-ML and blockchain.

Credit: BCCL

Education

The 30-year-old son of Mukesh Ambani is an economics graduate from Brown University in the United States. He completed his schooling from Dhirubhai Ambani International School in Mumbai.

Credit: BU

Family

Akash got married to Shloka Mehta in 2020 and has a one year old son named Prithvi.

Credit: Vogue

His twin sister Isha Ambani is also a director in Reliance companies,...

...and is married to Anand Piramal, the son of Ajay and Swati Piramal.

Credit: Vogue

Hobbies and Interests

Akash Ambani, along with his mother Nita Ambani, is closely involved in the running of the IPL cricket team that they own, Mumbai Indians.

Credit: BCCL

Akash attended most matches with Nita and also gave a heartfelt speech...

...to his team, when they failed to qualify for playoffs.

Credit: BCCL

Four of every 10 FIIs are from the US; most others are from tax havens