Anmol Ambani, the 24-year-old eldest son of Anil Dhirubhai Ambani, has been inducted on the board of Reliance Capital as an additional director.
The induction follows the recommendation by the nomination and compensation committee of the board of Reliance Capital, comprising largely of independent directors.
Anmol Ambani is proposed to be appointed as full time executive director at the forthcoming annual general meeting of the company, Reliance Capital said.
Anmol Ambani has been working in various financial services businesses within Reliance Capital since 2014.
He has been actively involved in internal business reviews across companies and has also been part of interactions with Nippon Life for increasing stake in Reliance Life Insurance and Reliance Capital Asset Management in the last two years.During the last two years, Anmol Ambani has also been travelling across the country to get exposure and detailed understanding of businesses at grass-root level, the company said.
"I would like to thank the company and the board of directors for giving me this opportunity. It is my privilege to be part of such anillustrious board. The last two years have given me great learnings about the financial services business. I look forward to using this experience for scaling up our businesses and contributing towards their growth and progress," Anmol Ambani said.
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