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HCL Technologies CFO: Decision Making the Toughest Challenge

HCL Technologies CFO: Decision Making the Toughest Challenge

During a recent interview with IDG News, the chief financial officer of IT and software development company HCL Technologies noted that during times of economic uncertainty such as these, the hardest part of the CFO'

During a recent interview with IDG News, the chief financial officer of IT and software development company HCL Technologies noted that during times of economic uncertainty such as these, the hardest part of the CFO's job is making quick decisions.

CFO Anil Chanana, who overseas a total of 1,000 staff members in the company's finance department, explained that the changing responsibilities of the CFO make it imperative to choose the right solutions, and quickly.

"The hardest part of operating under today's environment of uncertainty and volatility is the decision-making process," Chanana said. "Right decisions at the right time and speed are critical in such a dynamic environment. Therefore, the CFO's role is as much a business strategist as a financial expert."

Chanana added that making these decisions becomes even more challenging due to the "fast-pace innovation" in the IT sector.

The pressure facing Chanana paid off recently as HCL Technologies received a five-year $300 million contract to provide technology infrastructure management services to UPM-Kymmene Oyj in Finland, according to MarketWatch.

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