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Infosys Technologies, India's second largest IT services provider is going to begin the task of finding Narayana Murthy's replacement for the role of Chairman and Chief Mentor from January 2011. Murthy has already announced that he is going to retire in August 2011 from his non-executive role.

Infosys' nominations committee which includes ICICI Bank's former CEO and non-executive chairman KV Kamath, Cornell University professor Jeffrey Sean Lehman and HDFC Standard Life Insurance CEO Deepak Satwalekar has already started discussions about the process.

The minimum number of meetings required for this process is 2 but the committee has already had 5 meetings during the year ended April 2010.

Infosys Technologies Ltd. which was founded by NR Narayana Murthy and 6 other colleagues from Patni Computers namely Nandan Nilekani, Kris Gopalakrishnan, SD Shibulal, K Dinesh, S Raghavan and SK Arora resigned from his role as executive chairman in 2006 when he turned 60.

Infosys which was founded with seed capital of only 250 USD has become one of India's biggest entrepreneurial success stories and finding people of the same capabilities as the founders was always going to be a tough task. Nevertheless, Infosys is well known for its leadership training and has a very capable bench strength when it comes to choosing executives from.