Bain & Company has announced the appointment of Parijat Ghosh, an experienced consultant and a prominent leader in the Indian management consulting industry, as its new Managing Partner in India. He will be replacing Satish Shankar, who will be moving on to a global leadership role in Bain’s Customer Strategy & Marketing practice. In addition, the firm has also named Karan Singh, an experienced executive and a respected leader in the Indian business community, as its new Chairman in India.
Ghosh has been with Bain for over 20 years and has extensive experience in serving clients across sectors and geographies, particularly in India and the broader South Asia region. He has played a key role in shaping Bain’s strategy in India, and has been deeply involved in building its capabilities across sectors, including Financial Services, Retail, Consumer Products, Industrial Goods and Services, and Telecom & Media. He has also been actively involved in leading Bain’s social impact efforts in India, particularly in the areas of education and healthcare.
Singh will take on the role of Chairman in India, succeeding Srivatsan Rajan, who has been with Bain for over two decades and has served as Chairman in India since 2015. Singh brings more than 30 years of global leadership experience and extensive expertise in strategy, business transformation, and organizational change to his new role. He is a former partner at McKinsey & Company and most recently served as CEO of local mobile operator, Telenor India.
Commenting on the appointments, Bain & Company’s Global Managing Partner, Manny Maceda, said: “We are thrilled to have Parijat and Karan take on these important leadership roles in India, which is a critical market for us. Parijat’s deep experience and insights into the Indian marketplace, coupled with his impeccable ability to coach and develop talent, were key reasons for his appointment as Managing Partner. Karan’s extensive global experience and his ability to drive transformational change will be invaluable in his role as Chairman. We are confident that under their leadership, Bain will continue to excel in India and make a significant impact on our clients’ businesses and on society at large.”
Ghosh added: “I am honored and excited to lead Bain & Company in India, a firm that has a proud history of partnering with clients to achieve their most important goals. My priority will be to continue to build on this legacy and help our clients navigate the rapidly evolving Indian economy, while also inspiring our people to reach their full potential. I am confident that together with the rest of our leadership team, we can build a stronger, more innovative, and more impactful Bain in India.”
Singh said: “I am delighted to join Bain & Company as Chairman in India, a firm that I have always respected and admired for its commitment to delivering exceptional value to clients. Our focus will be on delivering cutting-edge insights and solutions to our clients across sectors, leveraging Bain’s global expertise and proprietary tools. Additionally, we will continue to invest in our people and their development, ensuring that we have the right talent to drive our growth and success in India.”
Bain is a leading management consulting firm with a global presence and a strong reputation for delivering results. The firm has been operating in India for over 30 years and has been a trusted advisor to many of the country’s leading corporations and public sector organizations. In recent years, Bain has been focusing on building its capabilities in the digital and technology space, and has been ramping up its social impact efforts in India. The appointments of Ghosh and Singh reflect the firm’s commitment to investing in local talent and leadership, and to driving growth and innovation in one of its key markets.