Raju is the Chairman of Hyderabad-based Nagarjuna Group while Mishra is the Chairman and Managing Director of state- owned National Fertilizers Ltd (NFL).
The decision was taken at the board meeting of FAI held here today, the association said in a statement.
This will be the second term for K S Raju as Chairman, FAI. He was Chairman of FAI during 2008-2010.
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