Anil Am­bani group gets both sons on RIn­fra board

The Times of India (New Delhi edition) - - Times Business - TIMES NEWS NETWORK

Mum­bai: Cash-strapped Anil Am­bani-led Re­liance Group on Wed­nes­day ap­pointed the chair­man’s sons, An­mol and An­shul, on the board of Re­liance In­fra­struc­ture.

While An­mol, 27, joins Re­liance In­fra­struc­ture through the di­rec­tor­ship, younger sib­ling An­shul has been el­e­vated to the board po­si­tion within 10 months of join­ing the com­pany. An­mol and An­shul will hold of­fice up to the en­su­ing an­nual gen­eral meet­ing as ad­di­tional di­rec­tors, said Re­liance In­fra­struc­ture in a reg­u­la­tory fil­ing.

An­mol, a prod­uct of War­wick Busi­ness School, is al­ready on the board of group com­pany Re­liance Cap­i­tal as an ex­ec­u­tive di­rec­tor. He joined the board in Au­gust 2016 and since then he has been over­see­ing the fi­nan­cial ser­vices busi­ness.

An­shul, 24, joined Re­liance In­fra­struc­ture in Jan­uary 2019 af­ter com­plet­ing his un­der­grad­u­ate de­gree in busi­ness man­age­ment from New York Uni­ver­sity’s Stern School of Busi­ness. He has been in­volved in all op­er­a­tions of Re­liance In­fra­struc­ture, in­clud­ing a spe­cial fo­cus on the de­fence busi­ness, work­ing closely with his fa­ther.

FM to meet CEOs of PSU banks on Oct 14:

FM Nir­mala Sithara­man will hold a re­view meet­ing with CEOs of pub­lic sec­tor banks (PSBs) next week to dis­cuss var­i­ous is­sues, in­clud­ing progress on credit off­take.

An­shul (L) and An­mol Am­bani

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