Reliance Succession Plan: Mukesh Ambani can make a big announcement regarding succession, the 45th AGM today

Posted on 29th Aug 2022 by rohit kumar

The country's largest private company Reliance Group's AGM is to be held on Monday. The eyes of the entire business world are fixed on this. Market experts believe that whatever announcement Mukesh Ambani, the head of Reliance, will make during this AGM, will also give a message about the successor of the company.

 

 

In June, the command of Reliance Jio Infocom was handed over to Akash Ambani

Let us tell you that in the process of handing over the reins of the succession of Reliance Company to the next generation, in June last, Mukesh Ambani handed over the post of Surveyor of Reliance Jio Infocomm Limited to his son Akash Ambani. Akash Ambani was approved for appointment as the chairman of the board of directors of RJIO with effect from June 27.

 

Last year, Bloomberg claimed in a report that Mukesh Ambani, the head of Reliance Industries, was preparing to transfer the business to the next generation. That report also said that Mukesh Ambani would follow the model of retail chain Walmart founder Sam Walton in selecting the successor of Reliance Group's business spanning from oil to telecom.

 

Let us tell you that the founder of Walmart adopted a very simple model in selecting his successor. He had kept the basic mantra of his success plan - keep the family at the center, but keep the management control in different hands.

 

Mukesh Ambani himself has advocated changing the leadership of the company

 

 

Mukesh Ambani had said in a program organized on the birthday of his father Dhirubhai Ambani in the year 2021 that now the leadership of Reliance needs to be changed. In this program, he expressed full confidence in his children and said that Reliance will be among the most prestigious and powerful companies in the world in the coming times.

 

 

According to reports, in the matter of deciding on the heir in his family, Mukesh Ambani wants that there should never be any doubt on the question of succession among the children. Overall, he did not want any such situation to arise between his children, as was the dispute between him and his younger brother Anil Ambani over the division of the group.

 

 

In the year 2002, Mukesh took over the command of the company.

 

Let us tell you that after the death of Dhirubhai Ambani, the founder of Reliance Industries, Mukesh Ambani took over as the chairman of the group in the year 2002. However, after that, there was some conflict between him and his younger brother Anil Ambani over the succession, after which the group was split between the two brothers. Mukesh does not want to allow any such situation to arise among his children.

 

Significantly, apart from Mukesh Ambani's wife Nita Ambani, his three children Akash, Isha, and Anant Ambani play their respective roles in different businesses of Reliance Group. Once Mukesh Ambani has also said about his children that his three children will one day take the legacy of his father Dhirubhai Ambani to the heights.

 

Who does not know about the Ambani family? The Ambani libel is one of the richest people in the country. The legacy of this family began with the company's founder Dhirubhai Ambani. The company was split after the death of Dhirubhai Ambani. At present, the command of Reliance Industries is in the hands of Mukesh Ambani, the eldest son of Dhirubhai Ambani. Since the split from brother Anil Ambani, he has remained the chairman of this company till now.

 

These are the main faces of the Ryans family

 

Mukesh and Nita Ambani

 

The reins of one of the country's richest families are in the hands of Mukesh Ambani, chairman of Reliance Industries. Mukesh is the eldest son of Dhirubhai Ambani. He was born on 19 April 1957. Mukesh Ambani was married to Nita Ambani and has a daughter and two sons, who are working to further his business.

 

Isha Ambani and Anand Piramal

 

Mukesh Ambani's daughter Isha Ambani was born on 23 October 1991. He graduated from Yale University and then worked at McKenzie & Company. Isha has been a director in Reliance Jio and Reliance Retail since 2014. Isha is married to Anand Piramal.

 

Akash Ambani and Shloka Mehta

 

Talking Mukesh Ambani's elder son Akash Ambani was also born on 23 October 1991 Akash is a director in Reliance Jio and is also a member of its executive committee. He is also the Strategy Head of Reliance Jio. He also has an important role in the IPL team Mumbai Indians. He is also associated with the India Super League of football. Akash is married to Shloka Mehta. Both have a son Prithvi Akash Ambani.

 

Anant Ambani

 

Anant Ambani is the younger son of Mukesh and Nita Ambani. He was born on 10 April 1995. Anant studied at Brown University and has been given an important role in Reliance Group. He is a director in Reliance's green business companies Reliance New Energy Solar and Reliance New Solar Energy. His girlfriend is Radhika Merchant. Anant also has the responsibility for Reliance's Zoo project in Gujarat.

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