HCLTech names Shiv Walia as new CFO, succeeding Aggarwal
NOIDA, INDIA — HCLTech, a global technology company, announced that it has appointed Shiv Walia as its new Chief Financial Officer with effect from September 6, 2024.
Walia succeeds Prateek Aggarwal, who has decided to move on from the role after serving since October 1, 2018, to pursue opportunities beyond the company.
The Board of Directors of HCLTech has appointed Shiv Walia as the Chief Financial Officer of the company with effect from September 6. Shiv started his professional career with HCL in 1993 and served across several finance leadership roles over the last many years. He is… pic.twitter.com/YWPtqmVdCo
— HCLTech (@hcltech) August 19, 2024
Walia’s extensive finance leadership experience
Walia comes with a wealth of experience, having begun his professional career with HCL in 1993.
He brings years of experience across different finance leadership roles and is the current 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, HCL Tech.
Walia did his Commerce from SRCC, Delhi; he is a Cost Accountant and a Chartered Accountant. He has had over three decades of experience at HCLTech across various leadership roles in the finance function, covering geographies across India, Singapore, Australia, and the United Kingdom.
“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,” Vijayakumar added.
HCLTech’s return-to-office policy, global footprint
HCLTech will soon adopt a policy linking leaves of employees with their office attendance so that they come back to the office.
The company intends to ask employees to be present physically in the office at least three days a week for a minimum of 12 days every month.
Accordingly, those employees who will not meet this attendance requirement will have their leave balance deducted.
The company offers industry-leading capabilities in digital, engineering, cloud and AI technologies, across industry verticals such as financial services, manufacturing, life sciences and healthcare, technology and services, telecom and media, retail and CPG, and public services.
For the twelve months ended June 2024, HCLTech reported consolidated revenues of $13.3 billion. It recently secured the #7 spot in the OA500 2024, an objective index of the world’s top 500 outsourcing companies.
