Treasury also engages with stakeholders including the board committees and executive leadership, positioning treasury front and centre in financial planning and decision‑making. Vineet presents quarterly risk assessments, funding strategies and FX sensitivity analysis to the CFO and board and ensures treasury plays a central role in long‑term capital planning. Beyond internal impact, Vineet has extended HCL’s treasury capabilities outward, advising on structuring risk frameworks and asset light structures. This unique cross-pollination model positions HCL not just as a service provider, but as a partner with embedded treasury intelligence.
Some of the challenges Vineet has addressed and overcome in his role as Executive Vice President, Head of Treasury & Finance include:
Operating in capital-controlled environments – navigating treasury operations in a highly regulated capital control regime balancing compliance with flexibility. Despite external constraints, the team ensured seamless liquidity movement and funding, while supporting business expansion without disruption.
Navigating complex insurance markets – treasury has established strategic relationships with reinsurers globally, such as Lloyd’s syndicate, to structure bespoke coverage for large programmes. The team also led one of the largest insurance programmes across developed and emerging markets, including India (where insurance maturity is still evolving) balancing compliance, client assurance and cost efficiency.
Regulatory complexity and cross-border compliance – HCL’s treasury has rolled out a compliance‑first framework and invested in regulatory intelligence to ensure business continuity and audit‑readiness, globally.
Global liquidity management across multiple jurisdictions – managing fragmented cash across diverse banking systems required a consolidated, real-time view. The team implemented centralised visibility tools and rationalised accounts, unlocking trapped cash and enhancing yield. This was done across 45+ countries and 30+ currencies leading to streamlined liquidity management globally.
Vineet’s leadership is a blueprint for what modern finance leadership should look like in an era of constant change. He demonstrates technical ability and digital foresight and has elevated treasury at the company from a support function to a board-level enabler. He has done this with a lean team, within the high-velocity, low-margin world of IT services.
Vineet is a respected voice in the global treasury ecosystem. He mentors upcoming professionals, collaborates with banking partners to co-create solutions, and consistently pushes the boundaries of what’s possible in risk, funding and automation. His thought leadership is frequently featured in industry publications and recognised by global award platforms. He represents the next generation of treasurers – tech-forward, strategically anchored, and globally respected and is a most deserving Corporate Treasurer of the Year 2025.
