What is the salary of Executive Director: Akash Ambani at Reliance Industries?

Akash M. Ambani, who has been serving as the Chairman of Reliance Jio InfoComm Limited (RJIL) since June 2022, previously held the position of non-Executive Director on RJIL's board starting from October 2014. Additionally, he serves on the Board of Jio Platforms Limited, which is Reliance Industries' digital services business.

While specific details about his salary are not publicly disclosed, it's estimated that his annual salary is approximately ₹5.4 crores.

Akash M. Ambani's roles and responsibilities as the Chairman of Reliance Jio InfoComm Limited (RJIL):

• Strategic Leadership: Akash Ambani shapes RJIL's long-term strategic vision and objectives in collaboration with senior executives.
• Digital Services and Retail: He oversees Reliance Jio's telecom services, digital platforms, and retail ventures.
• Emerging Technologies: Akash drives innovation in emerging technologies like 5G, AI, blockchain, and IoT, positioning RJIL as a leader in digital transformation.
• Product Development: He leads product development efforts, identifying market needs and ensuring customer-centric solutions.
• Board Governance: As a non-Executive Director, Akash contributes to board discussions, governance, and decision-making.
• Industry Representation: He represents Reliance Jio in industry forums, conferences, and regulatory discussions, contributing to industry advancements.
• Acquisitions and Partnerships: Akash evaluates and leads key acquisitions and partnerships to strengthen RJIL's position in the digital space.

Extra benefits that Akash M. Ambani, as the Executive Director at Reliance Industries Limited, might receive beyond the base salary:

• Housing Assistance: Assistance or allowances for housing, ensuring comfortable accommodation, especially if relocation is required.
• Transportation Allowances: Benefits such as a company car, fuel allowances, or travel expense reimbursements, facilitating efficient travel for work.
• Wellness Programs: Access to gym memberships, health check-ups, mental health support, and stress management resources to maintain physical and mental well-being.
• Insurance Coverage: Comprehensive health insurance, life insurance, and other coverage for financial security for Akash Ambani and his family.
• Performance Bonuses and Incentives: Performance-based bonuses tied to company metrics, motivating high performance and aligning goals with organizational success.
• Stock Options or Equity: Grants of stock options or equity shares, aligning interests with the company's long-term growth and value creation.
• Retirement Plans: Access to robust retirement plans, including contributions to pension funds or 401(k) accounts, ensuring financial stability during retirement.