LTIMindtree is considering COO Nachiket Deshpande or President of Sales Sudhir Chaturvedi to takeover as new CEO, according to multiple reports. The tenure of current CEO and Managing Director Debashis Chatterjee will conclude next year.
The frontrunners for the CEO position are seasoned tech leaders. Deshpande was named as the COO in 2018 and is also overseeing the implementation of MCA21.
He is currently looking to relocate to the US and has previously served as Cognizant’s SVP and Global Delivery Head for banking and financial services.
Deshpande has been connected with Debashis Chatterjee since his time at Cognizant, during which he was under the latter's leadership who was the EVP and President of Global Delivery.
Meanwhile, Chaturvedi has been playing a key role in LTIMindtree's transformation across brand, market and business developments.
Chaturvedi joined Larsen & Toubro Infotech in 2016 as the President and Executive Board member until he was elevated at LTIMindtree in November 2022.
Meanwhile, LTIMindtree has not yet disclosed the identity of the new individual to succeed Chatterjee, who played a crucial role in propelling the company to Nifty 50 status and solidifying its position as a strong brand in the competitive IT industry.