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Home News Asia

HCLTech Appoints Shiv Walia as Chief Financial Officer

Smita SinghbySmita Singh
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HCLTech Appoints Shiv Walia as Chief Financial Officer

HCLTech Appoints Shiv Walia as Chief Financial Officer

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Noida, India, Aug 19, 2024 – HCLTech, a leading global technology company, announced today that its Board of Directors has appointed Shiv Walia as the Chief Financial Officer (CFO) of the company, effective September 6, 2024. Shiv Walia will succeed Prateek Aggarwal, who has decided to step down from his role to pursue opportunities outside of HCLTech after serving as CFO since October 1, 2018. Prateek will remain with HCLTech until September 6, 2024, ensuring a smooth transition.

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Shiv Walia began his professional career with HCL in 1993 and has held several key finance leadership roles over the years. Currently, he is the Corporate Vice President & Global Head of FP&A and Business Finance Operations.

“Shiv Walia has been integral to our success over the last many years. As a seasoned finance leader, he has played key roles across our various geographies and businesses through multiple business cycles and has extensive knowledge of HCLTech’s businesses and clients,” said C Vijayakumar, CEO & MD, HCLTech. “His financial acumen, international experience, and pragmatic approach will be invaluable as we respond to technology shifts with speed and continue our profitable growth journey over the coming years.”

“I also want to thank Prateek Aggarwal for his contributions to HCLTech over the last 12 years and wish him the very best in his future endeavors.”

Move beyond Greatness to Happiness : Get Your Organization Happy Place to Work (HPTW) Certified
Move beyond Greatness to Happiness : Get Your Organization Happy Place to Work (HPTW) Certified

Shiv Walia is a graduate in Commerce from SRCC, Delhi, a Cost Accountant, and a Chartered Accountant from both India and Australia. He has been with HCLTech since April 1998 and had previously worked in HCL subsidiaries between April 1993 and March 1998. With over three decades of experience in various finance leadership roles, Shiv has worked in India, Singapore, Australia, and the United Kingdom. He was elevated to Corporate Vice President – Finance for HCLTech in April 2024 and is currently responsible for Financial Planning & Accounting, and Business Finance operations, including overseeing the finance operations of acquired entities.

About HCLTech

HCLTech is a global technology company, home to more than 219,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud, and AI, powered by a broad portfolio of technology services and products. The company works with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues for the 12 months ending June 2024 totaled $13.4 billion.

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Tags: CFO AppointmentChief Financial OfficerGlobal ExpansionHappy Place to Work CertificationHCLTechHPTWLeadership AppointmentPrateek AggarwalShiv Waliatechnology services
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