Mr.N.R. Naryana Murthy, the founder of INFOSYS group decided to get down from the seat of chairmanship this august. Thus a meeting has been held yesterday over this issue and then finally India’s Largest IT Firm Infosys Technologies named K.V. Kamath as its new chairman replacing co-founder N.R. Naryana Murthy. How ever, Mr.Murthy will continue as Advisory Chairman.The current CEO, S. Gopalakrishnan, will become executive co-chairman and Sibulal will be the new CEO. Narayana Murthy will retire in August. A legend in this IT field is retiring finally and lets wish him a bright and peaceful future in his later life.