If approved by the shareholders, Mr Ambani will become the 14th director of the bank Billionaire Mukesh Ambani, boss of India's Reliance Industries, has been appointed as a director on the board of Bank of America (BoA).
He is the first non-US citizen to be appointed to the bank's board. He will stand for election at the bank's annual general meeting next month.Mr Ambani has been heading up Reliance Industries since 2002.
It is India's largest private company with annual revenues in excess of $44bn (£27bn).
Mr Ambani's appointment is seen as another step by BoA to try and transform itself into a more globally-focused company.
Post Title
→Mukesh Ambani to join Bank of America board as director
Post URL
→https://viewbestworld.blogspot.com/2011/03/mukesh-ambani-to-join-bank-of-america.html
Visit View Best in The word for Daily Updated Animal Funny Pictures Collection
No comments:
Post a Comment