HCLTech appoints Shiv Walia as new Chief Financial Officer

HCLTech’s new Chief Financial Officer (effective September 6, 2024) has extensive experience in leading finance departments and a deep insight into the company, having started his career more than three decades ago in subsidiaries of this very company.

HCLTech, a global technology company that includes its document automation solution iDoRAN, announced on August 19, 2024 that its Board of Directors has appointed Shiv Walia as its new Chief Financial Officer (CFO). Effective September 6, 2024, Shiv Walia will be taking over from Prateek Aggarwal.

Shiv Walia joined HCLTech in April 1998, having already worked in HCL subsidiaries between April 1993 and March 1998. Most recently, he was Corporate Vice President & Global FP&A and Business Operations of HCLTech.

C Vijayakumar, CEO and Managing Director of HCLTech, commented: “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. I also want to thank Prateek for his contributions to HCLTech over the last 12 years and wish him the very best for his future endeavors.”

The analyst firm Everest Group has recognized HCLTech as a “Major Contender” in this year’s Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2024.

Headquartered in Noida, India, HCLTech employs more than 219,000 people across 60 countries and offers industry-leading capabilities in digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products, including iDoRAN, its document automation solution that leverages computer vision and text mining capabilities to deliver critical business insights.

You can find the full press release here.


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