The Board of Directors of The Goldman Sachs Group, Inc. announced the election of Lakshmi N. Mittal as an independent director of the firm effective June 28, 2008. Mr. Mittal will serve on the Audit, Compensation and Corporate Governance and Nominating Committees of the Board. With the addition of Mr. Mittal, the Goldman Sachs Board consists of 13 directors, of whom ten are independent directors.
Mr. N. R. Narayana Murthy Chairman of the Board and Chief Mentor of Infosys Technologies Limited , will join Global banking giant HSBC board in May.
“Nagavara Ramarao Narayana Murthy has been appointed a director of HSBC Holdings with effect from May 1, 2008. He will be an independent non-executive director,” HSBC said in a regulatory filing.