Nagavara Ramarao Narayana Murthy to Join HSBC Board

HSBC said that Nagavara Ramarao Narayana Murthy (you are right, N R N Murthy, Chairman and Chief Mentor of Infosys) will join its Board. N R Narayana Murthy will be an independent Non-Executive Director of HSBC Holdings Plc with effect from May 1, 2008 for an initial three-year term. He would be paid a Director’s fee of 65,000 pounds (about Rs 52 lakhs) per annum. [via hindu]

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