Isha Ambani, a daughter of Mukesh Ambani, will lead Reliance Retail, according to a report

Isha Ambani expected to become chairman of Reliance conglomerate . She is currently the CEO of Reliance Retail Ventures Ltd.

According to sources familiar with the case, Isha Ambani is expected to become chairman of Reliance conglomerates retail group, in another sign that her father, Indian billionaire Mukesh Ambani, is going ahead with a strategy for re-election in one of Asias richest families.She is currently the CEO of Reliance Retail Ventures Ltd. A rep for the group declined to comment.This promotion comes after Akash Ambani's twin brother was named chairman of Reliance Jio Infocomm Ltd. on Tuesday.Isha and Akash were both part of the team that secured Meta Platforms Inc.'s participation in the company.

Anant is a younger brother of the twins.Reliance Retail and Reliance Jio are subsidiary companies of the family's oil-to-telecom conglomerate, of which the $217 billion Reliance Industries Ltd. is the flagship company.Reliance Industries chairman and managing director Mukesh Ambani is Mukesh Ambani.