Anant Ambani has been appointed as the Executive Director of Reliance Industries Limited (RIL), with a five-year term beginning May 1. According to a PTI report, his annual remuneration will range between ₹10 crore and ₹20 crore. In addition to the salary, he will be entitled to profit-based commission and various other perks.
Prior to this, Anant served as a non-executive director on the RIL board since 2023.
Significant Roles Across Reliance Verticals
Anant Ambani has been actively involved in multiple business verticals of the conglomerate. In August 2022, he was entrusted with the leadership of the company’s energy vertical. He has also been a board member of:
- Jio Platforms Limited (since March 2020)
- Reliance Retail Ventures Limited (since May 2022)
- Reliance New Energy Limited and Reliance New Solar Energy Limited (since June 2021)
- Reliance Foundation, the philanthropic arm of the company (since September 2022)
Transition of Leadership in the Ambani Family
With advancing age, RIL Chairman Mukesh Ambani has been strategically working to transition leadership to the next generation. On the birth anniversary of his father and Reliance founder Dhirubhai Ambani on December 28, 2023, Mukesh Ambani had said:
“The future of Reliance belongs to Akash, Isha, Anant, and their generation. I have no doubt that they will achieve more in life and bring greater success to Reliance than my generation.”
Roles of Akash and Isha Ambani
- Akash Ambani: Graduated with a degree in economics from Brown University in 2014 and joined the family business the same year. He became a board member of Reliance Jio Infocomm Ltd. (RJIL) in October 2014 and has been serving as its Chairman since June 2022. He is also on the boards of Jio Platforms Ltd. and Reliance Retail Ventures Ltd. Akash is married to Shloka Mehta and they have two children—son Prithvi and daughter Veda.
- Isha Ambani: Educated at Yale and Stanford, she joined Reliance in 2015. Isha plays a key role in Reliance Retail and sits on the boards of Reliance Retail Ventures, Jio Infocomm, and Jio Financial Services. She is credited with launching platforms like Ajio (e-commerce) and Tira (online beauty) under Reliance Retail. She married Anand Piramal, son of industrialist Ajay Piramal, in December 2018.
With Anant’s elevation, all three Ambani siblings now hold critical leadership positions in Reliance, signaling a clear generational shift at one of India’s largest corporate empires.