Jio Platforms swaps CEO Kiran Thomas for Pankaj Pawar ahead of ~$4B IPO

Reliance's Jio Platforms named Pankaj Pawar CEO, replacing Kiran Thomas, as it lines up a planned IPO seeking about USD 4 billion at a USD 137 billion valuation — potentially India's largest listing. The leadership shift signals a reset at the digital arm heading into public-market scrutiny.

— Filed Mon, 13 Jul, 2026, 22:53 IST · Source Mint · Updated

Reliance's Jio Platforms replaced CEO Kiran Thomas with Pankaj Pawar ahead of a planned IPO seeking ~USD 4 billion at a USD 137 billion valuation, potentially India's largest, tapping parent-level capital tied to Reliance's consumer arms.