Mukesh Ambani Resigns, Announces Akash Ambani As New Reliance Chairman

Mukesh Ambani, the Chairman of Reliance Jio resigned from his post and named Akash Ambani as the new Chief Executive Officer (CEO) of the company.  On June 28, in an official statement, the company said, the board of directors, "approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company." In addition, Mohan Pawar has been appointed as Reliance MD.