Roshni Nadar Malhotra, the only daughter of Shiv Nadar, succeeds her father in becoming the CEO of HCL. This 38-year old is now the richest woman in the country. She had previously served as the CEO and Executive Director of the company. Shiv Nadar is touted to continue as the company’s Managing Director and Chief Strategy Officer.
“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. July 17, 2020, in place of Mr. Shiv Nadar who expressed his desire to step down from the position of the Chairman. Mr. Shiv Nadar would continue to be the Managing Director of the Company with the designation as the Chief Strategy Officer of the Company,” the company’s release said.
It is to be noted that Roshni has played an integral part in the last few years in building HCL as a brand. She was elevated to the position of CEO only a year after her time in HCL. She is the 54th most powerful woman in the world according to Forbes World’s 100 Most Powerful Women list of 2019 and has a current net worth of ₹36,800 crores.
Roshni has a Masters in Business Administration from Kellogg School of Management, USA, with a focus on Social Enterprise Management and Strategy. She is also an alumnus of the World Economic Forum’s ‘Forum of Young Global Leaders initiative. She also runs The Habitats Trust, which seeks to protect and conserve wildlife habitats, that was set up in 2018.
Source: Business Insider, The Statesman