Nita Ambani made member of IOC’s important Commissions
Nita Ambani has been made member of two important commissions of IOC’s governing body. She has been made as a member of the prestigious Olympic channel and Olympic education Commission. Nita Ambani already holds the distinction of being India’s first woman International Olympic Committee member. She was elected as an individual member of International Olympic Committee (IOC) last year. She will serve the IOC till she turns 70.
IOC has announced the composition of 26 commissions for 2017. The composition of the IOC commissions for 2017 has seen a 70% increase in female participation since September 2013. The commissions have also been constituted to reflect a broader geographical representation and include a number of new faces.
Nita Ambani has replaced International Paralympic Committee President Philip Craven to be one of the 16 members of the Olympic Channel Commission headed by United States Olympic Committee Chairman Lawrence Francis Probst. The Olympic Channel is a digital channel which is estimated to cost about USD 600 million over the first seven years. It was launched last year during Rio Games. The channel aims to promote Olympic sports and values all round the year. The channel is based in Madrid.
Nita Ambani is also named in the 24-member Olympic Education Commission headed by Barry John Maister of New Zealand.
Olympic medallist Saina Nehwal continues to be on the IOC Athletes Commission after her appointment in October last year.
Nita Ambani is the chairperson and founder of Reliance Foundation and a non-executive director of Reliance Industries. Nita Ambani is an ardent sports lover. With a family fortune of USD$20 billion, she is considered as India’s wealthiest woman. Forbes Magazine has adjudged Nita Ambani as the most influential women business leaders in Asia for the year 2016.