NOIDA, INDIA – HCLTech, a global leader in technology services, has announced the appointment of Shiv Walia as its new chief financial officer (CFO), effective September 6, 2024.
Walia will succeed Prateek Aggarwal, who has served as CFO since October 1, 2018. Aggarwal is stepping down to explore new opportunities outside of HCLTech but will remain with the company until the transition date.
Extensive experience in finance
Shiv Walia brings over 30 years of experience to his new role, having started his career with HCL in 1993. His leadership in finance has spanned multiple regions, including India, Singapore, Australia, and the United Kingdom.
Walia was promoted to corporate vice president, Finance, in April 2024, where he has been responsible for financial planning & accounting and business finance operations, including oversight of finance functions for acquired entities.
- Vijayakumar, CEO and MD of HCLTech, praised Walia’s contributions, 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 various geographies and businesses through business cycles and has extensive knowledge of HCLTech’s businesses and clients.”
Strategic leadership for future growth
Walia is a graduate of SRCC, Delhi, and holds qualifications as a cost accountant and chartered accountant.
“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,” added Vijayakumar.
HCLTech, known for its capabilities in digital, engineering, cloud, and AI technologies, operates across various industry verticals including financial services, manufacturing, life sciences and healthcare, telecom and media, and public services. The company employs over 219,000 people across 60 countries and reported consolidated revenues of $13.3 billion for the 12 months ending in June 2024.
