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Shiv Nadar steps down as MD of HCL Tech; appointed Chairman Emeritus President and CEO of the company C Vijayakumar has been named Managing Director with the title of CEO and MD for five years with effect from July 20 Shiv Nadar had stepped down from his role as the Chairman in July last year BusinessToday.In Updated Jul 20, 2021, 8:36 AM IST HCL Technologies said on Monday that its founder Shiv Nadar has stepped down as the Managing Director of the company and has been appointed Chairman Emeritus and Strategic Advisor to the company s board. Nadar, who was the MD and Chief Strategy Officer, tendered his resignation with effect from the close of business hours on July 19, as mentioned in a regulatory filing.

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