Mukesh Ambani has resigned as director of Reliance Jio effective from June 27. Reliance Jio on Tuesday also announced that its board has approved the appointment of Akash Ambani, Mukesh Ambani's son, as chairman of the board.
He has also been appointed as the Non-executive Director of Reliance Jio.
The board at its meeting today also approved the appointment of Pankaj Mohan Pawar as Managing Director of Reliance Jio for a period of five years commencing from June 27, 2022.
According to TRAI data, India's largest telecom operator, Reliance Jio, gained 16.8 lakh mobile subscribers in April, cementing its lead in the market.
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