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Son rise at Anil Ambani group

Since 2014, Anmol had been working within Reliance Capital before being recommended to the post.

Mumbai: Anmol Ambani, the 24-year-old eldest son of Reliance Group chairman, Anil Ambani joined the board of Reliance Capital as an additional director on Tuesday after working in various financial services within Reliance Capital since 2014.

The induction follows the recommendation by nomination and compensation committee of the board of Reliance Capital, comprising largely of independent directors.

The junior Ambani has been actively involved in internal business reviews across companies and has also been part of interactions with Nippon Life for increasing stake in Reliance Life Insurance and Reliance Capital Asset Management in the last two years. “Anmol has been a fast learner, active participant in all reviews and displayed sharp business acumen in various decision making processes,” said Sam Ghosh, ED and group CEO, Reliance Capital.

In the last few years, corporate India has witnessed the ‘next generation’ climbing up the ladder and assuming important responsibilities in several dynasty run businesses.

Earlier in 2014, Reliance Industries Ltd chairman Mukesh Ambani’s twins – son Akash and daughter Isha were inducted into the boards of Reliance Jio Infocomm and Reliance Retail as directors.

Sidhartha Mallya, son of Vijay Mallya was just 18 when he joined the top-level management of the UB group. Some of the other prominent sons and daughters who have moved to the top include Rishad Premji (Wipro), Shravin Mittal (Airtel), Roshni Nadar (HCL) and Lakshmi Venu (Sundaram Clayton).

( Source : Deccan Chronicle. )
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