Anil Ambani Makes His Son The Director to His Business

2 years ago Aparna Nair 0

Anil Ambani Makes His Son The Director to His Business

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Anil Dhirubhai Ambani is an Indian business financier and investor. He is the chairman of Reliance Group. In which came into existence in June 2005 following a demerger from Reliance Industries Limited. He leads a huge number of listed businesses. Including Reliance Capital, Reliance Infrastructure, Reliance Power and Reliance Communications. Anil Ambani, Director to his Son in Business. Anmol Ambani made his company debut after he promoted as Additional Director in Reliance Capital Board.

Anmol Ambani

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He is working in Reliance Capital from 2014. He involves in internal business reviews over companies, and also has a part of interactions with Nippon Life. In which he had in talks for increasing post in Reliance Life Insurance. Also Reliance Capital Asset Management in the last two years.

Anil Ambani, Director to his son in business. He made his company debut after he promoted as Additional Director in Reliance Capital Board.

Anil Ambani introduced his son Anmol Ambani as the Grandson of Dhirubhai Ambani, said that he had lucky for the firm and investors as its stock prices reassemble. Since the 24-year-old is named executive director in August. The Junior Ambani appointment welcome in shareholders, and an elder gives him their blessings.

Anmol from last two years gives great learning about the financial services business. He looks forward using this experience for scaling up the businesses and contributing towards their growth and progress.

Anmol has brought the group and specified Reliance Capital, tremendous luck, as the stock price of Reliance Capital, has risen nearly 40% in few months. Since the induction of Anmol onto the board, Anil Ambani told shareholders at the AGM(Annual General Meeting).

Ambani said an important task for Anmol and the young team of RCap(Reliance Capital Ltd). And would see how they embrace technology to drive the company further.

 

Anmol has two elder siblings and is working in various financial services businesses within RCap. He gets a bachelor’s degree in Management from Warwick Business School in the UK.

RCap is a diversified financial service set with interests in broking and distribution, life insurance, asset management, general insurance, housing finance, commercial finance, and asset rehabilitation.

It recently looks at strengthening its foothold in various businesses.

In October 2015, RCap asset management unit received the mutual fund company of Goldman Sachs Group Inc.

In India for Rs243 crore in all the deal, making Reliance Capital Asset Management Ltd the third-largest fund house in India.

RCap reports a integrate net profit of Rs207 crore in first quarter ended 30 June. Its gets the profit stood at Rs201 crore in the year ago.

Include figures of Reliance Nippon Life Insurance, previous known as Reliance Life Insurance Co, which later became a unit of the company with the effect from 30 March.

Reliance Capital is part of Anil Ambani managed Reliance Group. And other listed firms in the group are Reliance Communications Ltd, Reliance Power Ltd, and Reliance Infrastructure Ltd.