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ICICI Bank`s Kamath joins Infosys as director
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ICICI Bank`s Kamath joins Infosys as director
04 May 2009 Bangalore: Infosys Technologies Ltd appointed K.V. Kamath, non-executive chairman of ICICI Bank, as an additional director to its board, the IT bellwether said Saturday.
"Kamath will serve as an additional director till the company`s annual general meeting (AGM) June 20. He will be inducted as a non-executive director on the board once his appointment is approved by shareholders," Infosys said in a statement here.
Infosys` chairman and chief mentor N.R. Narayana Murthy said as an outstanding corporate leader, Kamath succeeded in creating a grand vision for ICICI Bank, India`s second largest lender.
"Implementing such a vision is a rare example of excellent leadership that is at par with the best in the corporate world internationally. His contribution to the Infosys` board will be significant," Murthy said.
An alumni of the Indian Institute of Management-Ahmedabad (IIM-A), Kundapur Vaman Kamath joined ICICI in 1971 when it was a leading Indian financial institution. After a stint at the Asian Development Bank (ADB), Kamath returned to ICICI as its managing director and chief executive in 1996.
Under Kamath`s leadership, the ICICI group transformed into a diversified, technology-driven financial services group, including the bank, which was merged in 2002. He retired from the bank last month.
Source:
http://siliconindia.com/newsnew/index.php?5ZwIGUsN8Kao4cJwDOfc0tU1Iea74kZV+56142
"Kamath will serve as an additional director till the company`s annual general meeting (AGM) June 20. He will be inducted as a non-executive director on the board once his appointment is approved by shareholders," Infosys said in a statement here.
Infosys` chairman and chief mentor N.R. Narayana Murthy said as an outstanding corporate leader, Kamath succeeded in creating a grand vision for ICICI Bank, India`s second largest lender.
"Implementing such a vision is a rare example of excellent leadership that is at par with the best in the corporate world internationally. His contribution to the Infosys` board will be significant," Murthy said.
An alumni of the Indian Institute of Management-Ahmedabad (IIM-A), Kundapur Vaman Kamath joined ICICI in 1971 when it was a leading Indian financial institution. After a stint at the Asian Development Bank (ADB), Kamath returned to ICICI as its managing director and chief executive in 1996.
Under Kamath`s leadership, the ICICI group transformed into a diversified, technology-driven financial services group, including the bank, which was merged in 2002. He retired from the bank last month.
Source:
http://siliconindia.com/newsnew/index.php?5ZwIGUsN8Kao4cJwDOfc0tU1Iea74kZV+56142
