Shinde would be replaced by Samir Menon, who is currently Market Director for KFC India and Area Countries, KFC India, part of Yum! Brands, said in a statement.
In his new role, Shinde who will relocate to Irvine, US, will report to Brian Niccol, CEO of Taco Bell.
The changes will be effective January 1, 2018.
"Shinde led the successful transformation of the India business over the last three years," the company said.
Menon, who joined Yum! in 2012, has led finance, business development, legal and IT along with heading the business for Area Countries.
Yum! operates brands Taco Bell, KFC, Pizza Hut and WingStreet.
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