Roshni Nadar, daughter of Shiv Nadar, founder of HCL Coproration, has become the Executive Director and CEO, taking charge from her father, who remains Chairman. Shiv Nadar, however, would continue to be the managing director of the company with designation as chief strategy officer, the company said in a statement. (adsbygoogle = window.adsbygoogle || []).push({}); Wipro's Premji emerges as most generous Indian in FY20, Mukesh Ambani retains top spot as richest Indian in IIFL Hurun Rich List for 9th straight year, HCL Tech shares zoom over 2% post Q1 results. Shiv Nadar is an Indian entrepreneur, billionaire industrialist founder of HCL Technologies, an innovative technology solutions company in India, headquartered in Noida, Uttar Pradesh. Roshni, an MBA from the Kellogg Graduate School of Management, joined the company in April. Daughter of Desh Bandhu Gupta, founder of the flagship company. HCL Technologies, the third-largest IT services company in India, said Friday that its co-founder Shiv Nadar had stepped down as chairman of the board of directors and handed over the baton to his daughter Roshni Nadar Malhotra.. Nadar, 75, will continue as the company’s managing director, with the designation of chief strategy officer, the Noida-headquartered company said in a statement. Executive Director and the CEO of HCL Corporation. //-->. According to the company website, Shiv Nadar is the chairman of the $9.9 billion HCL Corp. HCL group includes HCL Technologies, HCL Infosystem, and HCL Healthcare. Roshni Nadar, the daughter of HCL founder Shiv Nadar, has been appointed the new Executive Director and CEO of the leading IT Company HCL Corporation, having stakes in HCL Infosystems and HCL Technologies. In 2013, she was inducted as an additional director on the company’s board. Roshni, also a trained classical musician, came on the board of HCL Technologies in 2013 and was vice chairperson. As per IIFL Wealth Hurun (2019) rankings, Roshni’s wealth is at Rs 36,800 crore. She will continue as CEO of HCL Corporation, the holding company for all the group entities. He is the founder and chairperson of The Shiv Nadar Foundation and HCL. Isheta Salgaocar. She is also the Chairperson of HCL Technologies, a leading global technology organization with a market capitalization of $32 billion, and the Chairperson of its CSR Board Committee. Business tycoon Shiv Nadar has stepped down as HCL Technologies Chairman, handing over the reins to his daughter Roshni Nadar Malhotra. e9.size = "300x250,300x600,160x600"; She will continue as CEO of HCL Corporation, the holding company for all the group entities. She is responsible for all strategic decisions for the $8.9 billion IT major. Nadar-Malhotra is the daughter of 75 year old Shiv Nadar who founded HCL along with Ajai Chowdhry, Arjun Malhotra and five others. July 17, 2020, in place of Mr. Shiv Nadar who expressed his desire to step down from the position of the Chairman. He is a business-focused finance professional with over 27 years of experience, driving strategic initiatives (both organic and inorganic), financial planning and analysis, business finance and contracting, controllership, investor relations, treasury, insurance, global taxation, and legal and compliance.