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LTIMindtree COO steps down, to lead global AI
Mint New Delhi
|March 17, 2025
Deshpande was in race for CEO; Four senior LTIM execs have left in 2025
Less than two months after LTIMindtree Ltd named Venu Lambu as its chief executive-designate, Nachiket Deshpande, the company's chief operating officer (COO) who was a frontrunner in the CEO race, has stepped down from his role.
Deshpande, who joined India's sixth-largest information technology (IT) services company in November 2022 after the merger of Larsen and Toubro Infotech (LTI) and Mindtree, will take charge as LTIMindtree's president of global AI services, strategic deals and partnerships, Lambu said in a letter to associates, which Mint has seen.
"The evolution of the AI stack over the last 24 months is bringing software and services paradigms closer together, creating new frontiers of opportunities," Lambu said in the letter.
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