Mukesh takes charge

Both the elections were unanimous in the first board meeting of the company after group patriarch Dhirubhai Ambani’s demise on July 6, this year.

Mukesh was earlier vice-chairman and MD while Anil was MD of Reliance Industries. Anil proposed the name of Mukesh as chairman and the latter in turned proposed Anil’s name as vice-chairman which was passed unanimously. All the 11 directors were present at the meeting.

An MBA graduate from the Stanford University of the US, Mukesh joined his father in 1981 and initiated Reliance’s backward integration from textiles into polyester fibres and further into petrochemicals.

Anil, who holds and MBA from the Wharton School of the US, joined Reliance in 1983 as co-chief executive officer and is credited with having pioneered many financial innovations in the capital market.

“My task would be to strengthen the present position (of the group), transform and ensure its growth in keeping with my father’s dreams. For me this is a moment of rededication to the values, vision and goals of my father, teacher and mentor Dhirubhai Ambani,” Mukesh said after taking over as chairman.