LTIMindtree Announces Venu Lambu as CEO (Designate)
LTIMindtree,
a global technology consulting and digital solutions company, announced that the Board has decided to appoint Mr. Venu
Lambu as the CEO (Designate) & Wholetime Director based out of London with
immediate effect. This strategic decision marks a significant milestone in the
leadership succession plan and reinforces our commitment towards profitable
growth & stakeholder value creation.
Over the coming months, Mr. Venu Lambu will work
closely with Mr. Debashis Chatterjee, CEO & MD, LTIMindtree, to ensure a
smooth and seamless transition. This period will allow him to gain deeper
insights into the current operations, yearly budget and strategic plans.
Mr. S.N. Subrahmanyan,
Chairman, LTIMindtree, commented that, “This move reflects our dedication to
fostering a seamless transition in leadership, preserving the company's legacy,
and positioning us for future opportunities. Venu is a bright leader who has
amazing solution providing capabilities and a phenomenal networker. We are
confident that Venu’s home coming to L&T will take LTIMindtree into its
next chapter of growth and this will further strengthen our position as a
leading global IT services provider.”
Venu is a global executive leader with more than
30 years of experience in driving strategies and hyper growth in the Technology
and Services industry. He is an industry thought leader advocating the value
propositions of Application, Cloud Services, Infrastructure and Edge Computing.
In his previous role, he was the CEO of Randstad Digital, the $3 billion
digital arm of Randstad, which looks to tap into global capability centres
(GCCs) in India to drive revenue through its people-centric approach.
Prior to this he was President & Executive
Director in Mindtree, responsible for Global Markets transformation and
delivered consistent profitable growth. In the past, Venu has held leadership
positions at Cognizant, HCL Technologies, and IBM. Venu earned his bachelor's
degree in Electronics Engineering from the University of Mysore and a general
management certification from London School of Business.
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