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.

HONG KONG: Infosys founder takes on Chairmanship Editor-in-Chief of South China Morning Post to become Executive Director The Asia Business Council announced key leadership changes at its Spring Forum held in Hong Kong on 15.

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.
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