LTIMindtree announces that Debashis Chatterjee has opted to retire from its Board of Directors
FinTech BizNews Service
Mumbai, May 30, 2025: LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced that Mr. Debashis Chatterjee has opted to retire due to personal reasons as the Chief Executive Officer & Managing Director of LTIMindtree at the end of its 29th AGM on May 30, 2025. The Board of Directors of LTIMindtree at its meeting held on May 30, 2025, has appointed Mr. Venu Lambu, currently the CEO Designate, as the Chief Executive Officer & Managing Director of LTIMindtree with effect from May 31, 2025. Mr. Debashis Chatterjee has been working closely with Mr. Venu Lambu to ensure a seamless leadership transition, facilitating continuity and strategic alignment as the company moves forward.
Mr. Venu Lambu
Mr. Debashis Chatterjee, affectionately known as "DC," served as CEO and MD of Mindtree from 2019 until its merger with L&T Infotech in November 2022, after which he led the newly formed LTIMindtree. Under his leadership, LTIMindtree became India's sixth-largest IT services firm by revenue, effectively integrating the strengths of both legacy organizations to enhance service offerings and drive innovation.
The LTIMindtree Board highly appreciated Mr. Debashis Chatterjee’s valuable contribution to the Company and acknowledged that his leadership and commitment led to the organization’s growth and success.
Speaking on this development, Mr. S. N. Subrahmanyan, Chairman, LTIMindtree, said, "It is with deep appreciation that we bid farewell to Mr. Debashis Chatterjee, whose leadership has been instrumental in propelling LTIMindtree to new heights. He is a fantastic person with immense knowledge and intellectual depth. It was a pleasure to work with him. We are grateful for his invaluable contributions and wish him continued success in all his future endeavors."
Speaking on this occasion, Mr. Debashis Chatterjee said, "As I reflect on my journey with LTIMindtree, I am filled with humility and pride. Leading this organization from its formative days has been an honor, and I take immense satisfaction in the foundations we've built for future success. I am confident that, under Venu's capable leadership, LTIMindtree will continue to thrive and reach new milestones."
