Monday, August 19, 2024
HomeWorldHCLTech appoints Shiv Walia as new CFO, Prateek Aggarwal steps down

HCLTech appoints Shiv Walia as new CFO, Prateek Aggarwal steps down

HCL Tech (Photo: Reuters)

HCLTech announced that Shiv Walia has been appointed as Chief Financial Officer (CFO), effective September 6, 2024.

Walia takes over from Prateek Aggarwal, who, after serving in the role since October 1, 2018, has decided to step down to pursue opportunities outside HCLTech. Aggarwal will remain with HCLTech until September 6, 2024.

Walia started his professional career with HCL in 1993 and has held various financial leadership roles over the years. He is currently corporate vice president and global head of FP&A and business finance operations.

“Shiv Walia has been instrumental to our success over the years. As a seasoned finance leader, he has played key roles across our geographies and businesses through multiple business cycles and has extensive knowledge of HCLTech’s businesses and customers,” said C Vijayakumar, CEO & MD, HCLTech.

He added: “His financial acumen, international experience and pragmatic approach will be invaluable as we respond quickly to technological changes and continue our profitable growth in the years ahead.”

“I would also like to thank Prateek for his contributions to HCLTech over the past 12 years and wish him all the best for his future endeavours.”

Walia is a Commerce graduate from SRCC, Delhi, a Cost Accountant and a Chartered Accountant from both India and Australia. He has over three decades of experience in various leadership roles in the finance function, having worked in India, Singapore, Australia and the UK.

In April 2024, he was appointed corporate vice president – ​​finance for HCLTech and is currently responsible for the company’s financial planning and accounting, and finance operations, including overseeing the financial activities of acquired entities.

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First publication: Aug 19, 2024 | 9:03 PM IST

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