Roshni Nadar steps up to Shiv Nadar's chair as HCL Chairperson
By MYBRANDBOOK
HCL Tech has now welcomed Roshni Nadar Malhotra as the new Chairperson with immediate effect. Shiv Nadar will be stepping down from the Chairman's post but will retain his MD position. He will also be appointed the Chief Strategy Officer of the company and will oversee the strategic direction of the firm.
In its release, HCL Tech said, "The Board of Directors has appointed Roshni Nadar Malhotra, Non-Executive Director as the Chairperson of the Board of Directors and the Company w.e.f. July 17, 2020, in place of Mr. Shiv Nadar who expressed his desire to step down from the position of the Chairman. Shiv Nadar would continue to be the Managing Director of the Company with the designation as the Chief Strategy Officer of the Company."
Roshni, also the Executive Director of HCL Enterprise, was ranked 54th on the Forbes' World's 100 Most Powerful Women list in 2019. She is also considered one of the wealthiest women in the country. In 2019, IIFL Wealth Hurun rankings estimated her wealth at Rs 36,800 crore.
Roshni graduated with a Master's degree in Business Administration from the Kellogg School Of Management. She worked as a producer in various companies prior to joining the HCL Group. Within a year of her joining HCL Tech, she was elevated as the CEO and executive director of HCL Corporation.
Roshni has also played a critical role in growing and defining the vision of the Shiv Nadar Foundation as a trustee. Aside from CSR, she has also overseen the group's education focus. She is also the chairperson of VidyaGyan Leadership Academy, a leadership academy for the economically underprivileged.
HCL Tech will be the second IT company to appoint gen-next to take over the top seat. Earlier, Rishad Premji was appointed chairman of Wipro, replacing his father Azim Premji, in July 2019.
It seems the old generation is making way for the new ones and setting a trend for the others.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Icons Of India : CP Gurnani
Former Managing Director and CEO of the well-known IT service company ...
Icons Of India : Anil Kumar Lahoti
Anil Kumar Lahoti, Chairman, Telecom Regulatory Authority of India (TR...
Icons Of India : Dr. Sanjay Bahl
Dr. Sanjay Bahl has around four decades of experience in the ICT indus...
LIC - Life Insurance Corporation of India
LIC is the largest state-owned life insurance company in India...
ITI - ITI Limited
ITI Limited is a leading provider of telecommunications equipment, sol...
NIC - National Informatics Centre
NIC serves as the primary IT solutions provider for the government of ...
Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp
George Kurian, the CEO of global data storage and management services ...
Indian Tech Talent Excelling The Tech World - JAY CHAUDHRY, CEO – Zscaler
Jay Chaudhry, an Indian-American technology entrepreneur, is the CEO a...
Indian Tech Talent Excelling The Tech World - RAVI KUMAR S, CEO- Cognizant
Ravi Kumar S, appointed as CEO of Cognizant in January 2023, sets the ...