LTIMindtree: LTI Mindtree’s COO, president of sales in fray for top job as Debashis Chatterjee’s tenure ends soon

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LTI Mindtree’s COO Nachiket Deshpande and president of sales Sudhir Chaturvedi are in the race for the top job as Debashis Chatterjee’s tenure as CEO will end next year.

As per a TOI report, Deshpande is planning to relocate to the US. In 2018, before the acquisition, LTI named Deshpande as its COO. He is also overseeing the implementation of MCA21.

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Deshpande previously served as Cognizant’s SVP and global delivery head for banking and financial services, reporting to Chatterjee, who was then EVP and president of global delivery at the Nasdaq-listed company.

Meanwhile, Chaturvedi has been a key strategist of the company’s transformation across brand development, market development, and business development activities, as per the report.

An LTI Mindtree spokesperson told TOI, “Succession planning is an integral part of every organisation’s growth strategy. Under Debashis Chatterjee’s leadership, LTIMindtree has made its mark as a Nifty 50 company and a challenger brand in the IT industry. He continues to be the CEO & MD at LTIMindtree. Beyond this, we do not wish to comment on any speculations.”

According to Phil Fersht, CEO of US-based IT advisory HfS Research, Deshpande take the role based on his experience and leadership abilities. Ray Wang, CEO of Constellation Research, highlighted that both candidates possess extensive experience and global expertise, having taken LTI public.

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The company last month appointed Vipul Chandra as the chief financial officer (CFO) of the company with effect from April 25, 2024.

Chandra will take over from Vinit Teredesai, who has been CFO of the Mumbai-based technology consulting and digital solutions company since June 2020 and will continue to serve as CFO till April 24. Teredesai has decided to pursue his professional interest outside the company, the company said.



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LTIMindtree: LTI Mindtree’s COO, president of sales in fray for top job as Debashis Chatterjee’s tenure ends soon


LTI Mindtree’s COO Nachiket Deshpande and president of sales Sudhir Chaturvedi are in the race for the top job as Debashis Chatterjee’s tenure as CEO will end next year.

As per a TOI report, Deshpande is planning to relocate to the US. In 2018, before the acquisition, LTI named Deshpande as its COO. He is also overseeing the implementation of MCA21.

Elevate Your Tech Prowess with High-Value Skill Courses

Offering College Course Website
IIM Kozhikode IIMK Advanced Data Science For Managers Visit
Indian School of Business ISB Product Management Visit
Indian School of Business ISB Professional Certificate in Product Management Visit

Deshpande previously served as Cognizant’s SVP and global delivery head for banking and financial services, reporting to Chatterjee, who was then EVP and president of global delivery at the Nasdaq-listed company.

Meanwhile, Chaturvedi has been a key strategist of the company’s transformation across brand development, market development, and business development activities, as per the report.

An LTI Mindtree spokesperson told TOI, “Succession planning is an integral part of every organisation’s growth strategy. Under Debashis Chatterjee’s leadership, LTIMindtree has made its mark as a Nifty 50 company and a challenger brand in the IT industry. He continues to be the CEO & MD at LTIMindtree. Beyond this, we do not wish to comment on any speculations.”

According to Phil Fersht, CEO of US-based IT advisory HfS Research, Deshpande take the role based on his experience and leadership abilities. Ray Wang, CEO of Constellation Research, highlighted that both candidates possess extensive experience and global expertise, having taken LTI public.

Discover the stories of your interest


The company last month appointed Vipul Chandra as the chief financial officer (CFO) of the company with effect from April 25, 2024.

Chandra will take over from Vinit Teredesai, who has been CFO of the Mumbai-based technology consulting and digital solutions company since June 2020 and will continue to serve as CFO till April 24. Teredesai has decided to pursue his professional interest outside the company, the company said.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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