Lawstreet Journal

Shiv Nadar Steps Down as CEO of HCL, Daughter Roshni Nadar Malhotra to take over

Lawstreet Journal 18 Jul 2020 6:09pm

Image courtesy: Lawstreet Journal Business Shiv Nadar Steps Down as CEO of HCL, Daughter Roshni Nadar Malhotra to take over

The generational transfer of power is taking place at HCL tech. Shiv Nadar has stepped down from the chairman’s post. Roshni Nadar Malhotra has been appointed the CEO elect with immediate effect. However, Shiv will retain his position as the Managing Director of the firm. In its press-release the firm said-

“The Board of Directors has appointed Ms. 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. Mr. Shiv Nadar would continue to be the Managing Director of the Company with the designation as the Chief Strategy Officer of the Company.”

As the Chief Strategy Officer, Shiv will also oversee the strategic direction of the firm. 

Roshni is currently an executive director of the firm. The 38-year-old businesswoman, she is considered as one of the wealthiest women in the country. She was ranked 54th on Forbes’ list of World’s Most Powerful Women in 2019. Her wealth has been estimated at Rs. 36,800 crores. 

She’s an MBA graduate from Kellogg School of Management and has worked as a producer with various companies before joining the HCL group. Within a year from her appointment, she has been elevated as the CEO and Executive Director of HCL Corporation. She has been affiliated with growing and defining the vision of the Shiv Nadar Foundation as a trustee. Apart from CSR initiatives, she has also led the education wing for… Continue Reading...

Tagged: HCL  
Disclaimer: SoOLEGAL in Media collaboration with Lawstreet Journal. SoOLEGAL take no responsbility for the content provided by Lawstreet Journal. For any discrepancies Contact Lawstreet Journal.
Did you find this write up useful? YES 0 NO 0
Naseerudheen   17 Jul 2023 5:42pm
I am Naseerudheen I am from Kerala state l am a schizophrenia patient l can't work please help me l am struggling with my disease l am poor my Google read more

C2RMTo Know More

Something Awesome Is In The Work









Sign-up and we will notify you of our launch.
We’ll also give some discount for your effort :)

* We won’t use your email for spam, just to notify you of our launch.

SAARTHTo Know More

Launching Soon : SAARTH, your complete client, case, practise & document management SAAS application with direct client chat feature.

If you want to know more give us a Call at :+91 98109 29455 or Mail