HCL Technologies has announced the appointment of Shiv Walia as its new Chief Financial Officer (CFO), effective from September 6, 2024. Walia will succeed Prateek Aggarwal, who has decided to step down after serving in the role since October 2018 to pursue opportunities outside the company.
Shiv Walia, a seasoned finance professional, began his career with HCL in 1993 and has held various key financial leadership roles within the company. Most recently, he served as the Corporate Vice President and Global Head of Financial Planning & Analysis (FP&A) and Business Finance Operations. His extensive experience in financial management across different geographies and his deep understanding of HCL’s operations position him as a critical asset as the company navigates through technological shifts and continues its growth trajectory.
C Vijayakumar, CEO & MD of HCLTech, praised Walia’s appointment, highlighting his “financial acumen, international experience, and pragmatic approach,” which will be invaluable for the company’s future. Vijayakumar also extended gratitude to Prateek Aggarwal for his significant contributions over the past 12 years, wishing him well in his future endeavors.
This leadership transition is part of HCL’s broader strategy to strengthen its financial leadership as it continues to expand its global footprint and respond rapidly to industry changes.
Walia’s appointment comes amid other strategic moves by HCLTech, including recent acquisitions and expansion initiatives aimed at bolstering its position in the global technology market.
This change marks a significant step in HCLTech’s ongoing efforts to ensure robust financial leadership and sustained growth in the competitive tech landscape.
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