Shiv Nadar steps down as HCL Tech MD, Bandi Vijayakumar to take over

Shiv Nadar, the founder of HCL Technologies Ltd, and its chief strategy officer, has tendered his resignation as managing director , as well as a director, with effect from 19 July, on completing 76 years of age. Nadar will, however, continue to guide the company in the capacity of chairman emeritus and strategic adviser to the board for five years, the company said.

Bandi C. Vijayakumar, president and chief executive officer, has been appointed as the managing director for five years.

He is currently the Chairman of World Economic Forum's IT Governor's Community as well as a Board Member of the US-India Business Council.

Bandi Vijay was born in Coimbatore in the state of Tamil Nadu in India. He is currently based out of New York City in the United States.

Vijayakumar joined HCL Technologies in 1994 in the founding startup team of Comnet as a senior technical engineer. Over the years, he held a wide portfolio of responsibilities in HCL across sales, operations and service delivery. He was appointed the company's chief operating officer in July 2016 and later that year in Oct 2016, promoted to be the CEO, succeeding Anant Gupta.

Vijay's leadership style was commended in the business book ‘Blueprint to a billion: 7 essentials to achieve exponential growth’ as part of a case-study on HCL Technologies authored by David G.Thomson. Vijay holds a Bachelor of Engineering degree in electrical & electronics engineering from PSG College of Technology, Tamil Nadu, India.

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