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Alvarez & Marsal appoints Himanshu Bajaj as managing director

Professional services firm Alvarez & Marsal (A&M) has appointed Himanshu Bajaj as managing director and country co-leader, alongside managing director Vikram Utamsingh.

A company statement said Bajaj’s joining advances A&M India’s strategic capabilities and talent expansion, and helps further opportunities for clients to capitalise on the market’s continued projected growth.

Bajaj, who has more than two decades of consulting and business experience, has worked in several industries at the strategic and operational level. He has led multiple engagements including operational transformations and end-to-end value enhancements, along with sales and marketing optimisation strategies, such as go-to-market and trade efficiency improvements.

He advises clients across verticals on driving large-scale business transformations through accelerating business growth and enhancing profitability.

“Himanshu’s appointment demonstrates the firm’s continued commitment to investing in people, achieving scale and positioning for growth in support of clients in India and around the world,” said A&M CEO Bryan Marsal. “A&M India’s expanding talent base and offerings aligns with our operational heritage, enhances our integrated platform and represents the next phase of our global strategic growth plan.”

Utamsingh said the company plans to double the number of India-based managing directors over the next 24 months. “We are growing our firm in India to meet a high level of demand and expanding our transformation and digital capabilities across sectors,” he said.Luis de Lucio, head of growth markets said, “Connecting world-wide talent to critical markets is a key market differentiator for A&M. Adding Himanshu to our team aligns with our strategy for leveraging the innovation, growing consumer demand, rising per capita income levels and strong investment incentives we see across India.”Prior to joining A&M, Bajaj served for 16 years as Asia head of consumer and retail practice at Kearney, where he led complex transformation and value enhancement programmes in Asia, EMEA and Africa. After that, he served as the CEO of Byju’s Tuition Centre for two years.

“Over the next several decades India will experience tremendous growth and become the leading market for corporate and investment activity. As established and early-stage organisations, across multiple sectors, seek significant value creation, they will require support solving for complex strategic and operational problems,” said Bajaj.

“A&M’s operational heritage combined with its breadth of offerings, including corporate finance and restructuring, financial due diligence and disputes and investigations, is a key market differentiator,” said Bajaj, who earned a bachelor’s degree in engineering from Delhi College of Engineering, a master’s in business administration from IIM Ahmedabad and holds a CFA from AIMR, CFA Institute, US.

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