LTIMindtree whole-time director and president of AI services Nachiket Deshpande quits

Technology consulting and digital solutions company LTIMindtree Ltd on Tuesday (October 21) announced that Nachiket Deshpande, President and Whole-time Director of LTIMindtree, has resigned from his position to explore new opportunities beyond the company.

He will be relieved from his duties after the close of business hours on October 31, 2025. The company, in a regulatory filing, said it has received Deshpande’s resignation letter via email. LTIMindtree placed on record its appreciation for his contributions during his tenure.

In his resignation letter, Deshpande stated, “After seven remarkable years with LTIMindtree, first as Chief Operating Officer and most recently as President of AI Services, I have decided to step down from my role and formally tender my resignation, with my last working day as October 31, 2025."

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He added, “LTIMindtree has been more than a workplace—it has been a crucible of innovation, leadership, and personal growth. I am deeply proud of the transformative initiatives I had the opportunity to lead in LTI, to lead the largest integration that the services industry in India has seen yet and especially in scaling AI Services over the past year into a strategic pillar of the company’s future."

Deshpande also acknowledged the trust and teamwork he experienced, saying he would remain LTIMindtree’s “biggest cheerleader on the sidelines.”

S.N. Subrahmanyan, Chairman of LTIMindtree, said, “I would like to extend my heartfelt gratitude to Nachiket for the remarkable impact he has made during his long tenure at LTIMindtree. His leadership and unwavering commitment have been pivotal in shaping the foundation for the next phase of growth for LTIMindtree."

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Venu Lambu, CEO and Managing Director of LTIMindtree, added, "We sincerely value his contributions. As Nachiket embarks on the next chapter of his journey, we wish him continued success, happiness, and new accomplishments in all his future endeavours."

Commenting on his journey, Deshpande said, “The past years have been an incredible journey—rich with opportunities to grow, learn, and contribute meaningfully to this remarkable organisation. It has been a privilege to work closely and learn from Chairman SNS, board members, and my esteemed colleagues.”