K.V. Kamath named Infosys chairman (Second Lead, correcting date in Para 2)

April 30th, 2011 - 8:18 pm ICT by IANS  

Bangalore, April 30 (IANS) K.V. Kamath was Saturday named as the next chairman of the IT bellwether Infosys, succeeding N.R. Narayana Murthy.

Murthy said Kamath will take over from Aug 21. Murthy’s term ends the same day.

Kamath is the non-executive chairman of the board of directors of ICICI Bank, India’s second largest bank.

According to the ICICI website, Kamath has a degree in mechanical engineering and did his MBA at the Indian Institute of Management-Ahmedabad. He started his career in 1971 at ICICI. In 1988, he moved to the Asian Development Bank.

In 1996, Kamath returned to ICICI as its managing director and CEO.

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