HCLTech, an IT company, announced that its Board of Directors selected Shiv Walia as its new Chief Financial Officer (CFO), effective Sep 6, 2024.
Shiv Walia will be taking over from Prateek Aggarwal, who, after serving in this role since Oct 1, 2018, has decided to step down to pursue opportunities outside HCLTech. Prateek will continue to be with HCLTech till Sep 6, 2024.
Shiv Walia Shiv is a graduate of Commerce from SRCC, Delhi, and a Cost Accountant and a Chartered Accountant from both India and Australia.
Shiv Walia started his professional career with HCL in 1993 and has served in several finance leadership roles over the last many years. He is currently Corporate Vice President & Global Head of FP&A and Business Finance Operations.
Shiv Walia was elevated as Corporate Vice President – Finance for HCLTech in April 2024 and is presently responsible for Financial Planning & Accounting and Business Finance operations, including overseeing the Finance operations of acquired entities.
“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. “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,” he added.
Shiv Walia has been with HCLTech since April 1998 and has previously worked in HCL subsidiaries between April 1993 and March 1998. He has over three decades of experience performing various leadership roles in the finance function working in India, Singapore, Australia, and the United Kingdom.