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Mukesh Ambani resigns from Reliance Jio; son Akash Ambani takes over

Indian business tycoon Mukesh Ambani has quit his role as Director at Reliance Jio with immediate effect.

Son, Akash Ambani has now been named Chairman of Jio. In a stock exchange filing, Reliance Jio said that the company had “approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company.”

Ambani, 65, has three children – twins Akash and Isha and youngest son Anant.

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