HCLTech appoints a new Chief Growth Officer

India's third-largest IT services firm HCL Technologies on Tuesday announced the appointment of Arjun A. Sethi as Chief Growth Officer for Strategic Segments, focusing on government and global private equity.

Based in New York, Sethi will leverage his extensive industry knowledge to enhance HCLTech’s engineering-driven technology offerings, digital services, and unique GenAI solutions within these rapidly expanding sectors, leveraging his proficiency in digital and business transformation.

“We are excited to welcome a dynamic leader who will concentrate on both strategy and execution. Arjun’s vast experience in digital transformation and his remarkable global achievements will be instrumental as we explore a multitude of new opportunities in these critical areas,” stated C Vijayakumar, CEO & Managing Director of HCLTech. Sethi will report directly to Vijayakumar.

Sethi comes to HCLTech following a 25-year tenure at Kearney, where he held the position of Senior Partner and Vice Chair of Digital Transformation. His broad international experience encompasses the Americas, the Middle East, and the Asia-Pacific region, covering sectors such as government, private equity, and financial services.

"I am excited to join HCLTech at this crucial juncture, 25 years after my first experience with the organization," Sethi remarked. “I am eager to uncover new opportunities and contribute to HCLTech’s advancement.”

Sethi earned a bachelor’s degree in engineering from Motilal Nehru National Institute of Technology in India and a post-graduate diploma in management from the Indian Institute of Management, Calcutta.

In August the company announced the appointment of Shiv Walia as the new Chief Financial Officer on Monday, effective from the close of business on Sept. 6. The announcement came only days after the resignation of the current CFO, Prateek Aggarwal, who decided to pursue opportunities outside of the firm.

In October, HCL Technologies reported an 8.2% increase in revenue to ₹28,862 crore in Q2 FY25 compared to the same period last year. The company saw its net profit for July-September rise by 11% year-on-year to ₹4,235 crore.