Prateek AggarwalChief Financial Officer, HCL Technologies
At HCLTech, Prateek has driven Shareholder Value Creation by reinstating quantified guidance, improving Capital Allocation Policy and refocusing leadership to focus on TSR, ROIC and Net Income growth, apart from Revenue & EBIT. Prateek also played a pivotal role in shaping HCL’s Software strategy and scaling Products & Platforms business, as well as leading mergers and acquisitions pursuits.
He has successfully orchestrated many high-profile acquisitions by the company to augment its strategic growth, including leading the largest ever acquisition in Indian IT industry – $1.8 Bn acquisition of 7 select Software products from IBM – announced in Dec’18; closed in June’19.
HCLTech also raised $500 Mn via a maiden ‘benchmark’ US/Global Bond issue in Mar’21 under Prateek’s leadership, the highest ever rated Bonds issued from India (A- by S&P and Fitch) at best yield of 1.477% for 5-year tenor. HCLTech Treasury has also been recognized twice as
winners of Adam Smith award and by the Working Capital Group recently.
Prateek is a graduate in Commerce from SRCC, Delhi, and holds an MBA degree from IIM, Calcutta. He also completed an M&A certificate course from The University of Chicago Booth School of Business. His experience includes working with organizations like Hindustan Unilever and GECIS/Genpact, among others.
Prateek is married and has a daughter and a son. He enjoys reading, adventure sports, and traveling with family during vacations