HCLTech appoints Shiv Walia as new CFO

Noida-based HCLTech on Monday stated that its Board of Administrators have appointed Shiv Walia because the Chief Monetary Officer (CFO) with impact from September 6, taking on from Prateek Aggarwal, who has determined to step right down to pursue alternatives exterior HCLTech.

Aggarwal, who’s serving on this function since October 1, 2018, will proceed to be with HCLTech until September 6, the corporate stated.

Walia began his skilled profession with HCL in 1993 and served throughout a number of finance management roles during the last a few years. He’s at the moment Company Vice President and International Head of FP&A and Enterprise Finance Operations.

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“Shiv Walia has been integral to our success during the last a few years. As a seasoned finance chief, he has performed key roles throughout our numerous geographies and companies by a number of enterprise cycles and has intensive data of HCLTech’s companies and purchasers. I additionally need to thank Prateek for his contributions to HCLTech during the last 12 years and want him the perfect for his future endeavours,” C Vijayakumar, Chief Govt Officer and Managing Director, HCLTech, stated.

Walia is a graduate in Commerce from SRCC, Delhi, a Value Accountant and a Chartered Accountant from each India and Australia. He has been with HCLTech since April 1998 and has beforehand labored in HCL subsidiaries between April 1993 and March 1998, HCLTech stated.

He has over three a long time of expertise performing numerous management roles within the finance operate working in India, Singapore, Australia and United Kingdom, the corporate added.

Shares of HCLTech closed at ₹1,678.15 apiece on the BSE on Monday, up 0.55 per cent from the earlier shut.