Nita Ambani has nothing less than an inspiration for many, she's a woman who really contributed with her sensitivity and intelligence to the growth of the Ambani Empire.

She's been a lady with a class. But now after years she has stepped down from the Reliance Board but she will  continue as Chairperson of Reliance Foundation.

This decision was taken by the Reliance Industries Ltd and now the new generation of the Ambani's- Isha Ambani, Akash Ambani and Anant Ambani has been appointed as directors to the board of the oil-to-telecoms

Meanwhile, Mukesh Ambani in the company's annual shareholder meeting said, “I shall continue to perform my duties and responsibilities as Chairman and Managing Director for five more years, with greater vigour." “Towards this end, I have assigned myself three responsibilities. First: I shall groom and empower all the Next-Gen leaders at Reliance and prepare them for the challenges and opportunities of the future. Second: I shall especially mentor Akash, Isha and Anant so that they can provide collective leadership and dependably take Reliance to greater heights of growth and value in the decades ahead. Third: Together with the Board and all my long-time colleagues, I shall further enrich Reliance’s unique Institutional Culture, which has sustained your Company’s perpetual and exponential growth," Mukesh Ambani further added.

The Board of Directors also accepted the resignation of Nita Ambani from the Board respecting her decision to devote her energies and time to guide and enable Reliance Foundation to make even greater impact for India. The Board of Directors appreciated Nita Ambani for her leadership of Reliance Foundation as its Founder Chairperson. Over the years, RF has made considerable progress in its mission of nurturing and empowering marginalised and under-resourced communities in India. They lauded Nita Ambani’s request to focus even more on strengthening Reliance Foundation as it embarks on a mission to achieve even greater societal transformation by undertaking a host of new programmes and initiatives.

As the Chairperson of Reliance Foundation, Nita Ambani will attend all the RIL Board meetings as a permanent invitee to the Board so that the Company can continue to benefit from her advice.

Source: TheMint