April 30, 2011 9:35 PM

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K V Kamath to be new Chairman of Infosys

Infosys has announced the appointment of veteran banker K V Kamath as its Chairman in place of founder N R Narayana Murthy. It also named current CEO S Gopalakrishnan as Co-Chairman. The INFOSYS Board appointed Murthy as Chairman Emeritus for life.The appointments come in to effect from August 21 this year, a day after Murthy retires when he will turn 65.

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