Isha Ambani Set To Move Up Into Next Succession Plan


On Wednesday, An announcement of Isha Ambani is set to be named chairperson of the Reliance conglomerate’s retail unit in another sign that her father, Indian billionaire Mukesh Ambani, is pushing ahead with a plan for succession in one of Asia’s richest families.

Reliance Retail and Reliance Jio are subsidiaries of the family’s oil-to-telecom conglomerate, of which the $217 billion Reliance Industries Ltd. is the flagship firm. Mukesh Ambani is chairperson and managing director of Reliance Industries.