Shiv Nadar retires, daughter Roshni becomes HCL Technologies chairperson

Nadar will continue as managing director and hold the designation of Chief Strategy Officer

Roshni Nadar Malhotra was appointed the chairperson of HCL Technologies, the IT services company said on Friday. She replaces her father Shiv Nadar, who would continue as managing director and hold the designation of Chief Strategy Officer.

Malhotra, 38, until recently the chief executive officer and non-executive director of the company, is one of the richest women in the country. IIFL Wealth Hurun rankings in 2019 estimated her wealth at Rs 36,800 crore.

Malhotra runs the company's philanthropic arm and she is also the founder and trustee of The Habitats Trust, a foundation working towards protecting habitats and their indigenous species, a Forbes profile said.

She has an MBA from Kellogg School of Management and an undergraduate degree from Northwestern University, the Wall Street Journal said in an executive profile last year.