October 21, 2025: LTIMindtree announced the resignation of Mr. Nachiket Deshpande from his position as Whole-time Director & President. He will be relieved from his duties effective October 31, 2025, to explore new opportunities. Mr. Deshpande has been with LTIMindtree and erstwhile LTI Board since 2019, contributing significantly to the company’s strategic direction.
Leadership Change Announcement
On October 21, 2025, LTIMindtree officially announced the resignation of Mr. Nachiket Deshpande, its Whole-time Director & President, effective October 31, 2025. Mr. Deshpande is leaving to pursue new opportunities beyond LTIMindtree.
Contribution and Gratitude
Mr. S.N. Subrahmanyan, Chairman of LTIMindtree, expressed his gratitude for Mr. Deshpande’s remarkable impact and pivotal role in shaping the company’s foundation during his tenure. He acknowledged Mr. Deshpande’s leadership and unwavering commitment to LTIMindtree’s growth.
Leadership Perspective
Mr. Venu Lambu, CEO & MD of LTIMindtree, also shared his appreciation for Mr. Deshpande’s contributions and wished him success in his future endeavors.
Departure Message
Mr. Nachiket Deshpande stated his appreciation for the opportunities he has received at the company. He reflected on his time spent learning and contributing to the organization.
Background
Mr. Deshpande has been a member of the LTIMindtree Board and the previous LTI Board since 2019. Before his departure, he also served as Chief Operating Officer and most recently as President of AI Services.
Source: BSE
