
Debashis Chatterjee Steps Down Ahead Of Schedule As CEO & MD; LTIMindtree Appoints Venu Lambu As Successor
Debashis Chatterjee stepped down as Chief Executive Officer and Managing Director (CEO & MD) of LTIMindtree, citing personal reasons, effective May 30, 2025.
Venu Lambu (Venu), former CEO of Randstad Digital and a former Executive at LTIMindtree, will assume the role of CEO and MD effective May 31, 2025.
Chatterjee, known as DC, has more than 30 years of experience in the IT industry. At LTIMindtree, he worked on combining industry and technical knowledge to deliver business value. Prior to this, he led Mindtree as CEO and Managing Director, driving its growth. He also spent over two decades at Cognizant, where he held several leadership roles, including President of Digital Systems & Technology and Head of Global Delivery. He played a key role in establishing and expanding Cognizant’s Banking & Financial Services business. DC has been a member of the NASSCOM Executive Council and supports leadership development and collaboration in the sector.
Venu has over 30 years of experience in the technology and services industry. He has worked on business strategy, digital transition, team management, and turnaround initiatives. He has focused on applications, cloud services, infrastructure, and edge computing and supports enterprise AI adoption. He has served as CEO of Randstad Digital, a USD 3 billion division of Randstad, using Global Capability Centres in India to support global clients. At LTIMindtree (October 2020 to January 2023), he led global markets. He has held leadership roles at Cognizant, HCL Technologies, and IBM. He is part of the Forbes Technology Council and customer advisory councils in North America and Europe. Venu holds an engineering degree from NIE Mysore and a certification from London Business School.