HCLTech Appoints Shiv Walia as New Chief Financial Officer

HCLTech has announced the appointment of Shiv Walia as the Chief Financial Officer (CFO) of the company, effective September 6, 2024. Walia will succeed Prateek Aggarwal, who has served in this role since October 1, 2018. Aggarwal has decided to step down to pursue new opportunities outside of HCLTech but will remain with the company until September 6, 2024, to ensure a smooth transition.

Shiv Walia, who began his career with HCL in 1993, has been a pivotal figure in the company’s finance operations for over three decades. He currently holds the position of Corporate Vice President and Global Head of Financial Planning & Analysis (FP&A) and Business Finance Operations. His extensive experience spans across multiple geographies, including India, Singapore, Australia, and the United Kingdom. 

C Vijayakumar, CEO and Managing Director of HCLTech, praised Walia’s contributions and expertise, stating, “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. 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.”

Walia’s educational background includes a Commerce degree from Shri Ram College of Commerce (SRCC), Delhi, and he holds the qualifications of a Cost Accountant and Chartered Accountant from both India and Australia. His extensive career at HCLTech, coupled with his leadership roles in various subsidiaries from 1993 to 1998, underscores his deep understanding of the company’s financial landscape.

Vijayakumar also expressed gratitude to Prateek Aggarwal for his contributions to HCLTech over the last 12 years, wishing him success in his future endeavors.

Walia’s appointment marks a new chapter for HCLTech’s financial leadership as the company continues to navigate the evolving global technology landscape.