Mukesh Ambani-led Reliance Industries Ltd (RIL) on Thursday took a step further in its globalisation plans as it offered a board seat to Saudi Aramco Chairman Yasir Al-Rumayyan.
Speaking at the 44th annual general meeting (AGM) of RIL, Ambani said Al-Rumayyan “joining our board is also the beginning of internationalisation of Reliance. You will hear more about our international plans in the times to come”.
In addition to his role at Aramco, Al-Rumayyan, who is joining as independent director, is governor of the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund with a 2.32 per cent stake in Jio Platforms.
