LTIMindtree, India’s sixth largest IT firm, has announced the appointment of Venu Lambu as the CEO (Designate) & Whole Time Director, based out of London, with immediate effect.
This strategic move is a key step in the company’s leadership succession plan and underscores its commitment to profitable growth and stakeholder value creation.
Lambu will collaborate closely with Debashis Chatterjee, CEO & MD of LTIMindtree, over the coming months to facilitate a smooth transition. This period will allow him to gain a comprehensive understanding of the company’s current operations, yearly budget, and strategic plans.
“This move reflects our dedication to fostering a seamless transition in leadership, preserving the company’s legacy, and positioning us for future opportunities,” said S.N. Subrahmanyan, Chairman of LTIMindtree.
“Venu is a bright leader with exceptional solution-providing capabilities and a phenomenal networker. We are confident that Venu’s homecoming to L&T will take LTIMindtree into its next chapter of growth and further strengthen our position as a leading global IT services provider.”
Lambu brings over 30 years of experience in driving strategies and hyper-growth within the technology and services industry. As an industry thought leader, he advocates the value propositions of applications, cloud services, infrastructure, and edge computing.
Prior to joining LTIMindtree, he served as the CEO of Randstad Digital, the $3 billion digital arm of Randstad, which leverages global capability centres (GCCs) in India to drive revenue through a people-centric approach.
Previously, Lambu held the position of President & Executive Director at Mindtree, where he was responsible for transforming global markets and delivering consistent profitable growth. He has also held leadership roles at Cognizant, HCL Technologies, and IBM.
Lambu holds a bachelor’s degree in Electronics Engineering from the University of Mysore and a general management certification from the London School of Business.