Bank of America appoints Mukesh Ambani as director

Mukesh Ambani becomes the first non-American on the board of directors of Bank of America.

Bank of America has appointed Mukesh Ambani, chairman and managing director of India-based Reliance Industries, as a director on its board. He will stand for election at Bank of America’s annual shareholder meeting.

Ambani, who is 53, is the first foreigner to join the BoA board. Bank of America's shareholders will benefit from the global perspective Ambani brings to our board, said Charles Holliday, Bank of America’s chairman. 

Ambani’s Reliance Industries is India's largest private-sector company. It currently has a market capitalisation in excess of $70 billion and had a turnover last year of $18.8 billion. He has a bachelor degree in chemical engineering from...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222