Mukesh Ambani says daughter Isha is leader of retail business

India

oi-Madhuri Adnal

Mumbai,
Aug
29:
Billionaire
Mukesh
Ambani
on
Monday
introduced
daughter
Isha
as
leader
of
his
conglomerate’s
retail
business
as
he
details
succession
planning
at
India’s
most
valuable
firm.

Ambani
had
previously
named
son
Akash
as
chairman
of
the
group’s
telecom
arm,
Reliance
Jio.

At
Reliance
Industries
Ltd’s
45th
annual
shareholders
meeting,
Ambani
introduced
Isha
as
leader
of
retail
business
as
he
invited
her
to
speak
on
integrating
WhatsApp
with
the
retail
business.

Isha,
30,
gave
a
presentation
on
placing
online
grocery
orders
using
WhatsApp
and
making
payments.

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AGM
2022:
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need
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Ambani,
65,
has
three
children
–
twins
Akash
and
Isha
and
youngest
son
Anant.

Isha
is
married
to
Anand
Piramal,
son
of
Piramal
Group’s
Ajay
and
Swati
Piramal.

Reliance
has
three
broad
businesses
–
oil
refining
and
petrochemicals,
retail
and
digital
services
that
include
telecom.

While
retail
and
digital
services
are
housed
in
separate
wholly-owned
subsidiaries,
the
oil-to-chemical
or
O2C
business
is
a
functional
division
of
Reliance.
The
new
energy
business
is
also
with
the
parent
firm.

Anant,
26,
may
get
to
helm
the
O2C
and
new
energy
business
of
the
conglomerate