Narayana Murthy to be chairman of Asia Business Council
Murthy, who had been Vice Chairman of the Council, replaces Stan Shih, the former chairman and CEO of Acer.
Infosys Technologies Ltd. founder N.R. Narayana Murthy assumes the chairmanship of the organization with immediate effect. Murthy is the Chairman and Chief Mentor of Infosys, one of India's leading technology companies. Murthy, who had been Vice Chairman of the Council, replaces Stan Shih, the former chairman and CEO of Acer who is now group chairman of iD Softcapital.
Shih remains as a Council member. China Merchants Group Ltd Chairman Qin Xiao replaces Murthy as Vice Chairman. China Merchants is a leading Chinese conglomerate, whose core interests include banking, ports and real estate.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.