CHENNAI: Roshni Nadar, the daughter of business tycoon Shiv Nadar, has been appointed CEO of the HCL group���s holding company, giving her potential power and control over a $5-billion group with marque customers such as Boeing and Airbus and an employee base of 60,000. (

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Ms Nadar, who studied MBA at the Kellogg University and is a trained classical musician, was appointed CEO and executive director at HCL Corp, the holding company, in April this year. She took over from her father who will continue to be the chairman and focus only on strategic issues.

Mr Nadar, who was in Chennai along with his daughter to announce developments in their educational initiatives, said his daughter���s role will be confined to just HCL Corp. She will not be involved in theday-to-day operations of HCL Technologies, India���s fourth-largest software services exporter, and HCL Infosystems ��� the two publicly-held companies.

���These organisations are run by highly corporatised boards. At the moment, she is responsible for the holding company, which is HCL Corporation, none of the operational companies. She joined in April this year. She runs the treasury, all the new investment decisions will be taken by her,��� Mr Nadar told ET in an exclusive interview. He added that he will focus on ���developing a vision for the group���.

Ms Nadar���s appointment comes during a period of churn and change in the top management of India���s leading IT companies, and signifies, in some cases, the inevitable transition from the old guard to the new.

After having built the companies from scratch into world-beating corporations,