DBT Bureau
Bengaluru, 19 August 2024
IT major, HCLTech on Monday said its Chief Financial Officer (CFO) Prateek Aggarwal resigned from the company to pursue opportunities outside the firm.
The company subsequently announced his successor, Shiv Walia as the new CFO of the Shiv Nadar-promoted company, who will take over on September 6.
“The Board of Directors has appointed Shiv Walia as the Chief Financial Officer (CFO) of the company with effect from Sep 6, 2024. Shiv Walia will be taking over from Prateek Aggarwal, who after serving in this role since Oct 1, 2018, has decided to step down to pursue opportunities outside HCLTech. Prateek will continue to be with HCLTech till Sep 6, 2024,” the company said in an exchange filing.
Walia currently holds the position of Corporate Vice President & Global Head of FP&A and Business Finance Operations. He began his professional career with HCL in 1993 and served across several finance leadership roles over the last many years. “As a seasoned finance leader, Shiv Walia 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 and MD of 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. I also want to thank Prateek for his contributions to HCLTech over the last 12 years and wish him the best for his future endeavours,” he added.
Walia has over three decades of experience performing various leadership roles in the finance function working in India, Singapore, Australia and the United Kingdom. He was elevated as Corporate Vice President – Finance for HCLTech in April 2024 and is presently responsible for financial planning and accounting, and business finance operations, the company said in the filing.
