9:38 AM
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NEW DELHI — India’s second-largest software exporter Infosys Technologies named K.V. Kamath as its new chairman Saturday, replacing co-founder N.R. Naryana Murthy when he retires in August and steps into an advisory role.
The $6 billion company also announced that its current CEO, S. Gopalakrishnan, will become executive co-chairman.
Kamath was chief executive of ICICI Bank, India’s largest private lender, before joining Infosys as an independent director in charge of global infrastructure. He was seen as the key driving force in ICICI’s success, and continues to be a non-executive chairman at the bank.
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