NOIDA, India, July 5, 2024 – HCLTech, a global leader in technology services, has garnered prestigious accolades in the 14th Annual Asia Executive Team survey conducted by Institutional Investor Research. Recognized for its excellence in corporate governance and investor relations, HCLTech emerged as the most decorated India-headquartered IT services company in this year’s survey.
A Testament to Excellence
HCLTech swept the competition, securing the #1 spot in 21 categories within the Technology IT Services & Software sector. The company achieved 27 Top 3 rankings across the Asia ex-Japan and Rest of Asia (ex-Mainland China) survey tracks. Notably, HCLTech was one of four companies from India to be named ‘Most Honored Company’ in the Asia ex-Japan track.
Leadership Recognized
The company’s leadership team received significant accolades:
- C Vijayakumar, CEO & Managing Director, was ranked #1 in the Best CEO category across both overall and sell-side segments in both tracks.
- Prateek Aggarwal, CFO, topped the Best CFO category in the Rest of Asia track.
- The HCLTech Investor Relations team and Nitin Mohta, Head of Investor Relations, were both ranked #1 in their respective categories.
Additionally, HCLTech achieved the top ranking in the Overall ESG category (sell-side segment) across both tracks, underscoring its commitment to environmental, social, and governance standards.
CEO’s Statement
“The survey is another vote of confidence by global investors and analysts in HCLTech’s commitment to high standards of governance and transparency,” said C Vijayakumar, CEO & Managing Director, HCLTech. “We will continue our focus on engaging with the investor community and delivering on our strategic goal of delivering top quartile total shareholder return.”
Survey Participation
The survey saw participation from 5,894 investors, portfolio managers, and analysts from 1,388 voter firms, nominating a total of 1,669 companies and 2,595 individuals across 18 sectors. This included a substantial representation from buy-side professionals managing approximately $2 trillion in Asia (ex-Japan) equities and sell-side analysts from 156 firms.
About HCLTech
HCLTech is a global technology company employing over 227,000 people across 60 countries. The company offers a broad portfolio of technology services and products, focusing on digital, engineering, cloud, and AI. HCLTech serves various industries, including Financial Services, Manufacturing, Life Sciences, Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. For the fiscal year ending March 2024, HCLTech reported consolidated revenues of $13.3 billion.
Note:This post was written and edited by Kiaan Choudhary, based on their expertise and research. It is intended for informational purposes only. It does not constitute legal advice or Investment Advice. We welcome your feedback and questions on this content. Please feel free to contact us.