Billionaire Anil Ambani’s son Anmol Ambani was on Tuesday elevated to Reliance Capital’s board as an additional director, the company
said in a statement. Reliance Capital, the financial services arm of Anil Ambani-led Reliance Group, has presence in mutual fund, life
and general insurance, and broking etc.

24-year-old Anmol Ambani, the eldest son of Anil Ambani, had been working with Reliance Capital since 2014.

“The last two years have given me great learnings about the financial services business. I look forward to using this experience for
scaling up our businesses and contributing towards their growth and progress,” said Anmol Ambani.

Welcoming Anmol Ambani to the company’s board, Sam Ghosh, executive director and Group CEO of Reliance Capital, said, “Anmol
has been a fast learner, active participant in all reviews and displayed sharp business acumen in various decision making processes.”

According to Reliance Capital, Anmol Ambani was part of the team that negotiated with Japanese major Nippon Life for increasing stake
in Reliance Life Insurance and Reliance Capital Asset Management over the last two years.

Anmol Ambani completed his undergraduate studies in management from Warwick Business School, UK.