She is married to Shikhar Malhotra, who is the executive director of HCL Corporation and the vice chairperson and CEO of HCL Healthcare. “We are living in unprecedented times where organizations and people across geographies are dealing with challenges related to the pandemic. Roshni will now be the company's chairperson. According to the latest Hurun Rich List, Roshni is India's richest woman with a net worth of Rs 36,800 crore. She also pursued MBA from Kellogg School of Management. Excited to see another #WomanInTech take charge at the workplace! As per IIFL Wealth Hurun (2019) rankings, Roshni’s wealth is at Rs 36,800 crore. She is also considered one of the wealthiest women in the country. According to IIFL Wealth Hurun India Rich List (2019), Roshni Nadar is the richest woman in India. All rights reserved. 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. Nadar has also featured on lists including ‘The World’s 100 Most Powerful Women’ compiled by Forbes. CHENNAI/NEW DELHI: Shiv Nadar of HCL has quietly completed his succession planning by elevating his daughter Roshni Nadar as the executive director and CEO of HCL Corporation, the holding company of HCL Tech and HCL Info. The 38-year-old was ranked 54th on the Forbes' World's 100 Most Powerful Women list in 2019. Read: HCL Tech shares gain on better-than-expected profit in Q1. She joined HCL, the fifth largest IT Company in … Roshni was born in 1982 and grew up in Delhi. She worked with Sky News UK and CNN America as a news producer before joining HCL Corp in 2009, and within a year was made executive director and then CEO at the age of 27. Dhirubhai Ambani's granddaughter; daughter of Dipti and Raj Salgaocar. Shiv Nadar steps down as HCL Technologies Chairman; daughter Roshni to succeed him, PM Modi to address Visva-Bharati University centenary celebrations on 24 December, 16 passengers on UK-India flights test Covid positive, 745 passengers quarantined in Mumbai, Omar Abdullah, Mehbooba Mufti call DDC polls win endorsement of fight for restoration of Article 370, WB CM Mamata Banerjee speaks to agitating farmers at Singhu border, assures full solidarity. 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. Last year she was ranked by Forbes as the 54 th most powerful woman in the Forbes World's 100 Most Powerful Women list. Still HCL continued to underachieve in relation to its competitors through 2005. Shiv Nadar Steps Down As Chairman Of HCL Technologies; Daughter Roshini Nadar To Take His Place ... Before this, she was the Executive Director and the CEO of the company. Nadar will take over from her father, who has decided to step down, HCL Tech said in a … C Vijayakumar (CVK or Vijay) is the President & Chief Executive Officer of 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’s father, Shiv Nadar will be stepping down from the position of the Chairman but will retain the position of company’s managing director. On Friday, HCL Technologies announced that its founder and chairman Shiv Nadar stepped down from the role and the company’s Board of Directors has appointed his daughter… Roshni Malhotra HCL CEO 2020. In 2019, Roshini was ranked at 54th position on the Forbes’ World’s 100 Most Powerful Women list. The 38-year-old has been the executive director and CEO of HCL Enterprise and a trustee of Shiv Nadar Foundation. The Chairman of HCL technologies Shiv Nadar has stepped down from his designation of the chairman of the board of directors and appointed her daughter Roshani Nadar the new Chairperson of the board of directors. Daughter of Desh Bandhu Gupta, founder of the flagship company. The 31-year-old also has a MBA in social enterprise management and strategy from Kellogg School of Management. Daughter of Adi Godrej. Writer/Author. HCL Technologies stated today that chairman Shiv Nadar would be stepping down and his daughter Roshni Nadar Malhotra would succeed him. India’s richest woman Roshni Nadar Malhotra on Friday became the first woman to head a listed Indian IT company as she took over as the chairperson of $8.9 billion HCL Technologies from her father and billionaire Shiv Nadar. Nadar founded HCL in the mid-1970s and transformed the IT hardware company into an IT enterprise over the next three decades by constantly reinventing his companys focus. “This took guts, intellect, passion and perseverance. On Friday, HCL Technologies announced that its founder and chairman Shiv Nadar stepped down from the role and the company's Board of Directors has appointed his daughter, Roshni, as the new chairperson with immediate effect. e9.size = "300x250,300x600,160x600"; She will continue as CEO of HCL Corporation, the holding company for all the group entities. 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. Shiv Nadar, will, … This came four years after her appointment on the board of HCL Corp. Roshni’s passion for wildlife led her to set up The Habitats Trust in 2018. HCL released the June quarter results on Friday. CHENNAI: Roshni Nadar, the daughter of business tycoon Shiv Nadar, has been appointed CEO of the HCL group s holding company, giving her potential power and control over a $5-billion group with marque customers such as Boeing and Airbus and an employee base of 60,000.Watch She is responsible for all strategic decisions for the $8.9 billion IT major. . She is also considered one of the wealthiest women in the country. “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. Mr. Shiv Nadar would continue to be the Managing Director of the Company with the designation as the Chief Strategy Officer of the Company,” company’s release said. Prateek Aggarwal is the Chief Financial Officer at HCL Technologies. The appointment of non-executive director Roshni Nadar Malhotra to the […] She is also the Chairperson of HCL Technologies, a leading global technology organization with a market capitalization of $32 billion, and the Chairperson of its CSR Board Committee. HCL Technologies, Co-founder Shiv Nadar has stepped down from the position of the Chairman of the Board of directors. Shiv Nadar Steps Down as CEO of HCL, Daughter Roshni Nadar Malhotra to take over. President & CEO, HCL Technologies C Vijayakumar (CVK or Vijay) is the President & Chief Executive Officer of HCL Technologies, a US$ 9.95 billion global technology company. The daughter of HCL founder Shiv Nadar, Roshni Nadar is the executive director and CEO of the company. Roshni is also the executive director of HCL Enterprise and is the only child of Shiv Nadar. On Friday, HCL Technologies announced that its founder and chairman Shiv Nadar stepped down from the role and the company's Board of Directors has appointed his daughter, Roshni, as the new chairperson with immediate effect. The 38-year-old was ranked 54th on the Forbes' World's 100 Most Powerful Women list in 2019. Business tycoon Shiv Nadar has stepped down as HCL Technologies Chairman, handing over the reins to his daughter Roshni Nadar Malhotra. 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. Writer/Author. Nadar-Malhotra is the daughter of 75 year old Shiv Nadar who founded HCL along with Ajai Chowdhry, Arjun Malhotra and five others. On Friday, HCL Technologies announced that its founder and chairman Shiv Nadar … “I wish him the best as he begins a new innings," Nayar said. CEO of Lupin Pharmaceuticals Inc. Roshni Nadar. His daughter, Roshni Nadar Malhotra, currently a non-executive director has been appointed as the Chairperson of the Board of Directors with effect from July 17, 2020. Business tycoon Shiv Nadar has stepped down as HCL Technologies Chairman, handing over the reins to his daughter Roshni Nadar Malhotra. HCL Technologies, Co-founder Shiv Nadar has stepped down from the position of the Chairman of the Board of directors. Last year she was ranked by Forbes as the 54 th most powerful woman in the Forbes World's 100 Most Powerful Women list. The women on the 17th annual Forbes Power … Roshni Malhotra HCL CEO 2020. Nayar further said: "I am sure HCL will fly high under Roshni who leads with purpose, passion and pride. Roshni Nadar Malhotra is the CEO and Executive Director of the $9.9 billion HCL Corporation and is responsible for providing strategic guidance to the organization. (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 Steps Down As Chairman Of HCL Technologies; Daughter Roshini Nadar To Take His Place ... Before this, she was the Executive Director and the CEO of the company. Copyright © 2020 The Statesman Limited. A passionate environmentalist, Roshni established The Habitats Trust in 2018 that works towards protecting India's natural habitats and its indigenous species. Daughter of Desh Bandhu Gupta, founder of the flagship company. Roshni, also a trained classical musician, came on the board of HCL Technologies in 2013 and was vice chairperson. Isheta Salgaocar. C Vijayakumar (CVK or Vijay) is the president and chief executive officer of CHENNAI/NEW DELHI: Shiv Nadar of HCL has quietly completed his succession planning by elevating his daughter Roshni Nadar as the executive director and CEO of HCL Corporation, the holding company of HCL Tech and HCL Info. She will continue as CEO of HCL Corporation, the holding company for all the group entities. Industry body Nasscom tweeted a congratulatory message to Roshni. In 2008, Nadar was awarded Padma Bhushan for his efforts in the IT industry. According to IIFL Wealth Hurun India Rich List (2019), Roshni Nadar is the richest woman in India. Mazumdar-Shaw is the founder of India’s largest listed biopharmaceutical firm Biocon. N oida-based IT major HCL Technologies on Friday announced that Chairman Shiv Nadar was stepping down and his daughter Roshni Nadar Malhotra will succeed him with immediate effect. 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. Vinita Gupta. Roshni Nadar. NEW YORK/NEW DELHI: India's First Finance Minister Nirmala Sitharaman, Biocon Founder Kiran Mazumdar-Shaw, HCL Enterprise CEO Roshni Nadar Malhotra and Landmark Group Chairperson Renuka Jagtiani have been named among the world's 100 most powerful women by Forbes. (Video by CNBCTV18) Shiv Nadar steps down as Chairman of Board of Directors of HCL Technologies. Roshni, an MBA from the Kellogg Graduate School of Management, joined the company in April. Isheta Salgaocar. Nadar will also be appointed as company’s chief strategy officer as he will continue to oversee strategic direction of the firm. He is the founder and chairman of HCL and the Shiv Nadar Foundation. 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. HCL's Shiv Nadar has stepped down from his position as chairman of board of directors. 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. Shiv Nadar’s position will be taken over by his daughter, Roshni Nadar Malhotra, who currently works as the Executive Director and CEO of HCL technologies. Nadar-Malhotra is the daughter of 75 year old Shiv Nadar who founded HCL along with Ajai Chowdhry, Arjun Malhotra and five others. Roshni Nadar Malhotra is the Executive Director and the CEO of HCL Enterprise.She is the only child of HCL’s founder, Shiv Nadar.In 2019, she is ranked 54th on the Forbes World’s 100 Most Powerful Women list. The Chairman of HCL technologies Shiv Nadar has stepped down from his designation of the chairman of the board of directors and appointed her daughter Roshani Nadar the new Chairperson of the board of directors. Shiv Nadar will be stepping down from the position of the Chairman but will retain the position of company’s managing director. Roshni has a Masters degree in Business Administration from Kellogg School of Management, USA, with a focus on Social Enterprise Management and Strategy. By 2004, the number of entities in HCL was consolidated from five to two - HCL Technologies and HCL Infosystems. Roshni studied at Vasant Valley School, Delhi and graduated in communication with a focus in radio/TV/film from Northwestern University, Evanston, Illinois. HCL CEO C Vijayakumar said that there will be no change in the company's strategy with this change. She featured in 'The World's 100 Most Powerful Women' list compiled and released by Forbes in 2017, 2018, and 2019, consecutively. Roshni Nadar Malhotra is the Executive Director and the CEO of HCL Enterprise.She is the only child of HCL’s founder, Shiv Nadar.In 2019, she is ranked 54th on the Forbes World’s 100 Most Powerful Women list. His daughter Roshni Nadar Malhotra takes over effective July 17, 2020. HCL Technologies’ chairman Shiv Nadar has decided to step down, and his daughter Roshni Nadar Malhotra will succeed him as chairperson HCL Technologies has announced results and the company has reported a revenue growth of 1% YoY growth in constant currency came along with a significant expansion of margins on YoY basis – EBITDA at 25.6% and EBIT at 20.5% an increase of 490 bps and … Mr Vijayakumar had been elevated to the role of COO in July 2016. Read: HCL Tech shares gain on better-than-expected profit in Q1. In fact, DWS is not the only major overseas investment since Roshni's elevation. https://yourstory.com/2020/07/roshni-nadar-becomes-hcl-tech-chairperson "He (Shiv) is an institution in himself who has built many other great institutions which is so fascinating to watch and applaud. CEO of Lupin Pharmaceuticals Inc. Mr Vijayakumar … Shiv Nadar would continue to be MD of the company with designation as chief strategy officer. July 17, 2020, in place of Mr. Shiv Nadar who expressed his desire to step down from the position of the Chairman. In 1970, he founded HCL and transformed the IT hardware company into an IT enterprise. Exciting times ahead". His daughter, Roshni Nadar Malhotra, currently a non-executive director has been appointed as the Chairperson of the Board of Directors with effect from July 17, 2020. 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