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India's Reliance Industries names Mukesh Ambani's 3 children to board

Country's richest man aims to ensure smooth succession at conglomerate

Reliance Industries Chairman Mukesh Ambani has been grooming his three children including Isha Ambani, left, and Akash Ambani, for leadership roles at his oil-to-telecom conglomerate.    © Reuters

BENGALURU -- Reliance Industries has appointed the three children of Chairman Mukesh Ambani to its board, as the Indian billionaire works toward ensuring a smooth succession at his sprawling conglomerate commanding a market value of about $200 billion.

At the company's annual general meeting on Monday, Ambani said his daughter, Isha, and sons Akash and Anant will be named non-executive directors of Reliance Industries, which owns India's largest telecommunications operator and retail chain.

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