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HCLTech Names Ex-NITI Aayog CEO Amitabh Kant as Independent Director

Written by: Team Angel OneUpdated on: 9 Sept 2025, 10:46 pm IST
HCLTech has appointed former G20 Sherpa Amitabh Kant as an Independent Director for a five-year term, effective September 8, 2025.
HCLTech Names Ex-NITI Aayog CEO Amitabh Kant as Independent Director
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HCLTech, the IT services company, on Monday announced the appointment of Amitabh Kant as an Independent Director, effective September 8, 2025. His appointment is for a 5-year term, ending on September 7, 2030. The decision was approved by the company’s Board of Directors and recommended by the Nomination and Remuneration Committee, according to a statutory filing.

Background and Career

Amitabh Kant is a former IAS officer of the 1980 Kerala cadre. Over his career, he has served in several senior roles, including CEO of NITI Aayog, CEO of the Delhi-Mumbai Industrial Corridor Development Corporation, Secretary of Tourism in Kerala, and head of the Department for Industrial Policy and Promotion (DIPP). He is credited with policy initiatives such as Startup India, Make in India, Ease of Doing Business reforms, and the Production Linked Incentive Schemes (PLI).

G20 Role

Most recently, Kant served as India’s G20 Sherpa during the country’s presidency of the grouping in 2022-23. In that role, he played a key part in negotiating the New Delhi Leaders’ Declaration. The declaration covered areas such as global growth, digital public infrastructure, climate finance, geopolitics, and technology reforms.

Other Contributions

As CEO of NITI Aayog, Kant oversaw the Aspirational Districts Program, which aimed to improve indicators in India’s underdeveloped regions. He also conceptualised the “God’s Own Country” tourism campaign in Kerala, which later influenced the “Incredible India” campaign launched at the national level.

Company Statement

"In his 6+ years as the CEO, Mr. Kant has driven transformative policies and initiatives that have reshaped India's development trajectory—a highlight of which is the Aspirational Districts Program, a groundbreaking effort to uplift India's most underdeveloped districts through strategic competition, focused governance, and targeted interventions," HCLTech stated, as per news reports.

Read More: HCLTech Deepens Alliance with The Standard to Advance AI-Driven Transformation!

HCLTech Share Price Performance

As of September 09, 2025, 09:30 AM, HCLTech share price was trading at ₹1422.80, a 1.41% increase from the previous closing price.

Conclusion 

With this appointment, HCLTech has expanded its Board to include Amitabh Kant. His tenure as Independent Director begins September 8, 2025, for five years.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Sep 9, 2025, 11:28 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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