Jio Platforms appoints Deutsche Bank telecom banker Dan Bailey as president to lead international biz
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Jio Platforms Limited (JPL),the digital and technology subsidiary of Reliance Industries Limited (RIL), has announced the appointment of Dan Bailey as president, Jio Platforms, where he will lead the company’s international business initiatives.
Based in London, Bailey will report to Akash Ambani, Chairman of Reliance Jio Infocomm Limited. He will also join the executive committee of Jio Platforms and contribute more broadly across the business, RIL said in a statement.
Bailey brings more than 35 years of experience across consulting and investment banking. Over his career, he has held senior leadership roles at Schroders/Citi, Morgan Stanley, and HSBC.
Most recently, he served as Chairman of Deutsche Bank’s telecom, media and technology (TMT) practice. He has advised several of the world’s largest corporates and financial sponsors on a range of transactions, including major telecom deals.
The appointment follows Jio Platforms’ stated strategy to expand beyond India. As outlined at its most recent annual general meeting, the company is positioning its next phase of growth around taking its digital platforms and technologies to global markets.
Over the past decade, Jio has developed connectivity and digital solutions serving over a billion people in India, and now aims to extend these capabilities internationally.
Commenting on the appointment, Akash Ambani said Bailey has been a trusted advisor to the group for many years and brings deep industry relationships, strategic insight and experience within the global telecom and technology ecosystem.
"We are delighted to welcome Dan to Jio. Dan has been a trusted advisor to us for many years, and his counsel has been invaluable as we have grown and evolved. He has spent his career at the centre of the global telecom and technology ecosystem and brings deep relationships, strategic insights, and a strong understanding of the industry's complexity. Just as importantly, he shares our ambition and energy for what lies ahead. I look forward to working closely with him," he said.
Bailey said he has long admired what Jio has built in India and looks forward to supporting the company’s international expansion in its next phase of growth.
"I have long admired what Jio has built in India — the scale, the speed, and the genuine impact on people's lives. The chance to help take that story global is the kind of opportunity you don't think twice about. I am delighted to be joining Akash and the team and cannot wait to get started," he added.