LTIMindtree Limited informed that Mr. Debashis Chatterjee (DIN:00823966), Chief Executive Officer whose term was until November 13, 2025, has opted retirement from his office due to personal reasons, effective the close of business hours on May 30, 2025. The Board of Directors at its meeting held on May 30, 2025 acceded to his request and placed on record their deep appreciation for his leadership in shaping the Company towards the growth curve and for his unwavering commitment and contributions. Further, in the above meeting, the Board considered the recommendation of the Nomination & Remuneration Committee and approved the appointment of Mr. Venugopal Lambu (DIN: 08840898) as Chief Executive Officer, effective May 31, 2025 upto his original date of appointment as Director i.e. January 23, 2030.
Mr. Venugopal Lambu is not debarred from holding the office of Director by virtue of any order passed by SEBI /any other authority. Mr. Venugopal Lambu (Venu) is a visionary leader with over 30 years of experience in driving strategy and hyper-growth in the Technology and Services industry. He has a proven track record of enabling businesses to transition to digital, building and managing high-performance teams, and executing successful business turnaround initiatives.
A recognized thought leader, Venu has been a strong advocate for the value propositions of applications, cloud services, infrastructure, and edge computing. Passionate about AI adoption, he deeply believes that AI can unlock significant productivity across large enterprises. A strong believer in the power of people, Venu fosters a culture of empowerment, collaboration, and continuous learning.
He is known for his ability to build high-performing teams that thrive on trust, innovation, and a shared vision for success. He is a member of the Forbes Technology Council and chairs multiple customer advisory councils across North America and Europe. Before rejoining LTIMindtree, Venu served as the CEO of Randstad Digital, the USD 3 Billion digital arm of Randstad, focused on enabling digital talent across global clients and leveraging Global Capability Centers (GCCs) in India to drive revenue through a people-centric approach.
During Venu's prior association with the Company from October 2020 to January 2023, he led global markets, delivering consistent and profitable growth of 5 times, creating one of the industry's best enterprise value creation case studies. In his earlier roles, he has also held leadership positions at Cognizant, HCL Technologies, and IBM. He holds a Bachelor's degree in Electronics Engineering from the National Institute of Engineering, Mysore, India and General Management Certification from the London Business School.