As per a TOI report, Deshpande is planning to relocate to the US. In 2018, earlier than the acquisition, LTI named Deshpande as its COO. He’s additionally overseeing the implementation of MCA21.
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Deshpande beforehand served as Cognizant’s SVP and world supply head for banking and monetary companies, reporting to Chatterjee, who was then EVP and president of world supply on the Nasdaq-listed firm.
In the meantime, Chaturvedi has been a key strategist of the corporate’s transformation throughout model improvement, market improvement, and enterprise improvement actions, as per the report.
An LTI Mindtree spokesperson instructed TOI, “Succession planning is an integral a part of each organisation’s development technique. Underneath Debashis Chatterjee’s management, LTIMindtree has made its mark as a Nifty 50 firm and a challenger model within the IT business. He continues to be the CEO & MD at LTIMindtree. Past this, we don’t want to touch upon any speculations.”
In keeping with Phil Fersht, CEO of US-based IT advisory HfS Analysis, Deshpande take the position based mostly on his expertise and management skills. Ray Wang, CEO of Constellation Analysis, highlighted that each candidates possess in depth expertise and world experience, having taken LTI public.
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The corporate final month appointed Vipul Chandra because the chief monetary officer (CFO) of the corporate with impact from April 25, 2024.
Chandra will take over from Vinit Teredesai, who has been CFO of the Mumbai-based expertise consulting and digital options firm since June 2020 and can proceed to function CFO until April 24. Teredesai has determined to pursue his skilled curiosity exterior the corporate, the corporate stated.
