LTIMindtree announced that its Whole-time Director and President, Nachiket Deshpande, has resigned from his role, effective October 31, 2025. The company stated that Deshpande’s decision to step down is driven by his plans to pursue new professional opportunities outside the organization.
His departure brings to a close a long association with the IT services firm, where he played a pivotal role in business strategy, client engagement, and operational growth. The leadership change comes as LTIMindtree continues to strengthen its position among India’s major digital transformation players.
Official Statement
In an official statement, LTIMindtree said, “Nachiket Deshpande has decided to resign from the position of Whole-time Director and President with effect from October 31, 2025, to explore new opportunities beyond LTIMindtree.”
The company added that the transition will be managed smoothly, ensuring continued focus on growth, innovation, and customer success. Deshpande’s exit follows a series of leadership movements within the Indian IT sector, as several senior executives take on new challenges in the evolving digital services landscape.
Praise for Leadership
SN Subrahmanyan, Chairman of LTIMindtree, expressed deep appreciation for Deshpande’s leadership and strategic vision. “From fostering strong relationships with our most valued clients to stepping up during critical business moments, Nachiket has shown exceptional commitment, problem-solving ability, and a passion for excellence,” Subrahmanyan said.
He also noted that Deshpande’s leadership helped strengthen LTIMindtree’s operational foundation, guiding the company through its merger phase and positioning it for the next wave of digital innovation and enterprise solutions.
A Journey of Growth
Reflecting on his journey, Nachiket Deshpande said, “The past years with LTIMindtree have been an incredible journey, rich with opportunities to grow, learn, and contribute meaningfully to this remarkable organisation.”
Deshpande joined LTIMindtree during a period of transformation and helped drive its global delivery capabilities and operational agility. His contributions have been instrumental in ensuring business continuity, particularly during the company’s integration phase after the merger of L&T Infotech and Mindtree.
LTIMindtree in India
LTIMindtree, a part of the Larsen & Toubro (L&T) Group, is one of India’s top-tier IT services and consulting firms, known for offering digital transformation, cloud, data, and enterprise technology services to global clients. Headquartered in Mumbai, the company serves clients across industries such as banking, manufacturing, retail, healthcare, and energy.
Since the merger of L&T Infotech and Mindtree in 2022, LTIMindtree has grown into a powerhouse of over 80,000 professionals, operating in more than 30 countries. The company has maintained steady growth through a mix of innovation, client partnerships, and a focus on building long-term digital solutions.
With a strong foothold in India and increasing global reach, LTIMindtree is well-positioned to lead in the era of AI-driven transformation and data-led business models.
Next Phase of Growth
Deshpande’s departure opens the door for LTIMindtree to refresh its leadership strategy and continue building on the strong foundation he helped establish. The company is expected to announce new leadership appointments in the coming months as it focuses on scaling operations, enhancing digital capabilities, and strengthening client relationships globally.
Industry analysts view this transition as part of a broader reshaping of leadership in India’s IT sector, where experienced executives are increasingly moving toward new ventures, startups, or advisory roles in emerging tech domains.
As LTIMindtree moves forward, it aims to balance operational excellence with innovation, sustaining its reputation as one of India’s most trusted technology service providers.
Looking Ahead
While Nachiket Deshpande’s resignation marks the end of an important chapter, it also signals a new era for LTIMindtree. The company continues to evolve, adapting to changing market dynamics and embracing digital-first business models.
Deshpande’s legacy at LTIMindtree — of steady leadership, collaborative culture, and strategic foresight — is expected to guide the company as it enters its next phase of growth and innovation.
