Categories: Business

roshni nadar becomes HCL Tech chairperson


roshni nadar becomes HCL Tech chairperson

new Delhi. Roshni Nadar Malhotra, the country's richest woman, became the first woman to head a listed Indian IT (information technology) company on Friday. He took over as chairperson of HCL Technologies, a $ 8.9 billion company from his father and billionaire entrepreneur Shiv Nadar. Roshni is also a trained classical musician. She joined the board of directors of HCL Technologies in 2013 and was Vice Chairperson. She will hold the post of Chief Executive Officer (CEO) of HCL Corporation, the holding company of all the entities of the group. HCL Technologies on Friday announced the removal of the post of founder and president Shiv Nadar. The company said that its board of directors has appointed their daughter Roshni as the new chairman with immediate effect. However, Shiv Nadar will continue to be the company's Managing Director with the rank of Chief Strategy Officer.

HCL Technologies CEO C Vijayakumar said it was part of the company's succession plan. Roshni studied at Vasant Valley School in Delhi and graduated in Communications from Northwestern University, Evanston, Illinois. He also did his MBA from Kellogg School of Management. He worked as a news producer with Sky News UK and CNN America before joining HCL Corp in 2009. Roshni married Shikhar Malhotra, vice chairman of HCL Healthcare in 2010 and has two sons – Armaan and Jahan. According to the latest Hurun Rich List, Roshni is the richest woman in India with a net worth of Rs 36,800 crore. In the year 2019, she was ranked 54 in the Forbes World's 100 Most Powerful Women list. He has also been awarded many prestigious honors for his outstanding work in the field of business and social service. She was consistently named in Forbes' list of the '100 Most Powerful Women in the World' in 2017, 2018 and 2019.

This post was published on July 18, 2020 12:57 am

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