Application of information and communication technology is supporting various ways of scholarly communication. The transition from print to electronic and paid resources to open access resources has a great impact on information society and resulted open access movement. This paper enumerates various declarations on open access and discusses the impact of open access on libraries particularly on the role of academic librarians. On the basis of existing literature, an attempt has been made in this paper to understand transforming role of academic librarians and suggest new responsibilities in open access environment.