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Friday, 25 March 2011

Mukesh Ambani appointed as director of the Bank of America

Fifty three years old Chemical Engineer and world’s 4TH richest business tycoon now gearing up to direct the bank of America, Mukesh Ambani’s is the chairman and managing director of reliance industries ltd which is India’s largest private sector organization deals in petrochemicals, textiles and retail with the revenue of $44.6 in a year and $70 billion in market capitalization since 2002. Charles O Holliday, the Chairman of Bank of America expressed his gratitude towards the appointment of Mukesh Ambanis as director of the board on 16teen march 2011, said this will be a huge global advantage for the stakeholders. Chief Executive Officer Brian T Moynihan admired the tactical revelation and operational brilliance of Mukesh Ambani. He is awarded the 'Indian Corporate Citizen of the Year' by the India Leadership conclave in 2009, as well for the US-India Business Council (USIBC) 'Global Vision' 2007 Award for Leadership in 2007. Currently, Ambani is also an associate of the Prime Minister's Council on Trade and Industry, member of the Indo-US CEOs Forum, the Co-Chair of the Japan-Indian Business Leaders Forum, and India-Russia CEO council. Ambani expressed his contentment as the director of the board as well gets ready to contribute to  growth and progress of the Bank of America.