Amid its bid to expand its operations beyond India, IPO-bound Jio Platforms has roped in ex-Deutsche Bank chairman Dan Bailey as president to lead its international business initiatives.

Jio Platform said that Bailey will join its executive committee and contribute broadly across the business while reporting directly to its chairman Akash Ambani. 

Bailey brings more than 35 years of experience in consulting and investment banking, with past roles at Schroders/Citi, Morgan Stanley and HSBC. He most recently served as chairman of Deutsche Bank’s telecom, media and technology practice, advising on large global telecom transactions.

The move is in line with Jio’s global ambitions. At the RIL AGM, Mukesh Ambani had said that as the company looks ahead, Jio’s journey will progress beyond India. 

“Our innovative technologies will now be deployed globally, ready to solve global challenges. With strategic partnerships and a clear roadmap, we will take Jio’s services to the rest of the world, creating value for partners and shareholders alike.”

At the AGM, the company also showcased several new products and platforms it has been building, which can be shipped globally. 

These include a Digital Twin system, which currently allows the telecom major to plan and activate giga-bit speed broadband within 24 hours of an order. The system enables engineers to assess network conditions remotely and complete installations faster.

Jio also unveiled the next version of Jio AI Cloud. Launched last year with up to 100GB of free storage, the platform now has more than 40 Mn users. 

The upgraded version adds AI features that allow users to search photos and files in local languages, auto-categorise documents, and create reels and videos through an AI Create Hub.

With these products spanning broadband infrastructure, cloud storage, AI tools, cloud computing and wearables, Jio Platforms appears to be positioning its technology stack for international markets, with Bailey set to lead that expansion.

On the financial front, Jio Platforms’ Q3 FY26 net profit increased 11% to ₹7,629 Cr from ₹6,861 Cr in the year-ago period. Meanwhile, its operating revenue increased 13% YoY to ₹37,262 Cr.

The appointment also comes at a time when Jio is gearing up for an IPO which is expected to be potentially the largest in India. The company is expected to target a valuation of $100 Bn–$120 Bn and an issue size that could exceed $10 Bn.

The offer may include a 2.5%-5% stake sale through a mix of fresh issue and offer for sale, giving partial exits to existing investors. Post the IPO, the company is expected to double down on 5G expansion, AI capacity building as well as digital expansion.

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