Bengaluru, March 17 -- Less than two months after LTIMindtree Ltd named Venu Lambu as its chief executive-designate, Nachiket Deshpande, the company's chief operating officer (COO) who was a frontrunner in the CEO race, has stepped down from his role.
Deshpande, who joined India's sixth-largest information technology (IT) services company in November 2022 after the merger of Larsen and Toubro Infotech (LTI) and Mindtree, will be take charge as LTIMindtree's president of global AI services, strategic deals and partnerships, Lambu said in a letter to associates, whichMint has seen.
"The evolution of the AI stack over the last 24 months is bringing software and services paradigms closer together, creating new frontiers of opportunities," Lam...