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Shiv Nadar steps down, daughter Roshni new HCL chairman

NEW DELHI, July 17: HCL co-founder Shiv Nadar has stepped down as chairman of the company to facilitate succession of his daughter Roshni to the position. Roshni Malhotra has been appointed as the Chairman of the board of directors with effect from July 17.

Shiv Nadar will continue as chief strategy officer of the company. Shiv Nadar had founded HCL along with Ajai Chowdhry, Arjun Malhotra and five others.

"We are living in unprecedented times where organizations and people across geographies are dealing with challenges related to the pandemic. However, this has also pushed businesses to accept the pandemic as a catalyst for change and look at building agility and resilience into every level of their organization," Shiv Nadar said in a statement.





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