India’s third largest IT company HCLTech has announced a restructuring of its top leadership team and named key roles including the Chief People Officer and COO
The company appoints Ramachandran Sundararajan, who joined the company in 2006 as the new Chief People Officer, and Rahul Singh as Chief Operating Officer.
Ramachandran replaces VV Apparao, who has been associated with the company and worked as the company’s Chief Human Resources Officer (CHRO) since 2017, will now take over as the Chief Delivery Officer for nearshore.
The nearshore refers to the strategy wherein the company outsources its processes or services to countries within the same continent and with a similar time zone that of the market it serves. HCLTech employs over 10,000 people in all its nearshore locations and it plans to double it in the next three to five years.
C Vijayakumar, Chief Executive Officer, HCLTech said, “Nearshore is a very important strategic priority for us and Apparao will lead this as the chief delivery officer.”
“Ram has been a veteran at HCLTech. He has been an integral part of conceptualizing and developing our recently launched employee value proposition,” Vijaykumar added.
Rahul Singh, who has served as the President of HCL’s global financial services business for a decade, has been appointed as the Chief Operating officer (COO) – for corporate functions.
In the new role, he will be responsible for people, IT, marketing, risk and compliance, and administration functions at the company.
HCLTech added 8,359 employees during the second quarter. As of September 30, 2022, HCLTech’s total headcount is 219,325 from 208,877 as of March 2022 quarter. The company’s attrition remained stable at 23.8%.
