<p>"BofA's shareholders will benefit from the global perspective Ambani brings to our board.<br />He has demonstrated expertise in risk management and strategic planning across a diverse range of businesses, including energy, information and communications technology, and retail networks," BofA Chairman Charles O Holliday Jr said in a statement.<br /><br />Ambani is a member of the Indian Prime Minister's Council on Trade and Industry. Among others, he is a member of the Indo-US CEOs Forum, the co-chair of the Japan-India Business Leader's Forum, and India-Russia CEO Council.<br /><br />The business tycoon also serves on the Foundation Board of the World Economic Forum.<br />"I am delighted to join the board of BofA. It is a privilege and a great honour for me, as the first non-American citizen to join the board of one of the world's largest financial institutions. I look forward to contributing to the growth and progress of BofA," the BofA statement quoated Ambani as saying.<br /><br />BofA Chief Executive Officer Brian T Moynihan said the management team looks forward to benefiting from Ambani's judgement and experience.<br /><br />Ambani would stand for election at annual meeting of shareholders of BofA</p>
<p>"BofA's shareholders will benefit from the global perspective Ambani brings to our board.<br />He has demonstrated expertise in risk management and strategic planning across a diverse range of businesses, including energy, information and communications technology, and retail networks," BofA Chairman Charles O Holliday Jr said in a statement.<br /><br />Ambani is a member of the Indian Prime Minister's Council on Trade and Industry. Among others, he is a member of the Indo-US CEOs Forum, the co-chair of the Japan-India Business Leader's Forum, and India-Russia CEO Council.<br /><br />The business tycoon also serves on the Foundation Board of the World Economic Forum.<br />"I am delighted to join the board of BofA. It is a privilege and a great honour for me, as the first non-American citizen to join the board of one of the world's largest financial institutions. I look forward to contributing to the growth and progress of BofA," the BofA statement quoated Ambani as saying.<br /><br />BofA Chief Executive Officer Brian T Moynihan said the management team looks forward to benefiting from Ambani's judgement and experience.<br /><br />Ambani would stand for election at annual meeting of shareholders of BofA</p>