LTIMindtree president of global markets Sudhir Chaturvedi resigns

LTIMindtree’s president of global markets, Sudhir Chaturvedi, has stepped down and will be serving in his current role until January 27. The company’s COO Nachiket Deshpande will now be the frontrunner to succeed CEO Debashis Chatterjee who is expected to retire by the end of this year. Chaturvedi has been instrumental in signing several recent deals, including setting up a joint venture (JV) with Saudi Aramco's IT services arm Global Digital with an initial investment of $12.3 million.

He was an Infosys veteran where he last served as a senior vice president and head of financial services- Americas, leading a $1-billion plus business unit.

Before joining L&T Infotech, Chaturvedi was the COO of NIIT Technologies.

"He has been a valued member of the erstwhile LTI Board & presently the LTIMindtree Board since 2016, providing significant contributions to the Company's strategic direction and growth," the company said in a statement.

Sudhir Chaturvedi said "The time spent at L&T Group (LTI & LTIMindtree) has been an exhilarating journey, filled with opportunities to grow, learn, and contribute to this exceptional organization. It has been an honour to know Mr. A.M. Naik over the years. Working closely with Mr. S.N. Subrahmanyan, who has been a mentor and guide throughout this period, has been a privilege that I deeply value."