Change of guard: Shiv Nadar steps down as HCL chairman, daughter Roshni takes over

In a change of guard at HCL Technologies, co-founder Shiv Nadar has stepped down from the position of the Chairman of the Board of directors. Roshni Nadar Malhotra, currently non-executive director has been appointed as the Chairperson of the Board of Directors with effect from July 17, 2020.

Shiv Nadar would continue to be the Managing Director of the company with the designation as the Chief Strategy Officer of the company, HCL Technologies said in a statement on Friday.

Nadar-Malhotra is the daughter of 75 year old Shiv Nadar who founded HCL along with Ajai Chowdhry, Arjun Malhotra and five others.