LTI Mindtree’s Chief Financial Officer, Vinit Teredesai, has tendered his resignation from the company, effective April 24, 2024. The company officially disclosed this announcement on March 7, stating that Teredesai has decided to pursue new professional opportunities beyond the L&T Group.
To fill the vacancy, the Board of Directors has appointed Vipul Chandra as the incoming CFO, effective April 25, 2024. Currently serving as the Head of Treasury at Larsen & Toubro (L&T), the parent company, Chandra brings a wealth of experience to the role.
In a press release, the Board of Directors expressed gratitude for Teredesai’s contributions during his tenure as CFO and extended best wishes for his future pursuits.
With 29 years of experience in finance within the technology and manufacturing sectors, Teredesai leaves behind a notable legacy. Meanwhile, Chandra boasts over a decade of association with L&T and has previously held esteemed positions such as Managing Director and Head of Corporate Sales & Structuring at Citi Bank.
