Alvarez & Marsal Expands Its Foothold in India With Appointment Pankaj Bhagat as Managing Director

Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Managing Director Pankaj Bhagat to spearhead its infrastructure & capital projects INFRA sector expertise/capabilities expansion in India.

A&M India’s INFRA offering will address market needs arising from continued Indian Government infrastructure spending and private capital investments expanding manufacturing capabilities across multiple sectors including steel, mining, clean energy, and energy transition.

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A&M has expanded its geographic reach and INFRA offering strategically, adding to its growing capabilities in the US and building on its recent growth in Canada, Australia, and Europe. Furthermore, A&M India's INFRA service line indicates the company's ongoing dedication to the market, as evidenced by Himanshu Bajaj's recent appointment as Managing Director and India Co-Country leader.

Marcos Ganut, Managing Director and Global Head of the firm’s Infrastructure & Capital Projects practice, noted, “Our comprehensive INFRA practice expansion delivers on our strategic commitment to provide clients with strong regional capabilities rooted in a global approach. A&M has more than 700 INFRA focused professionals world-wide. Pankaj’s hire expands our INFRA global reach and enhances our ability to advise clients across the project life cycle, from the strategic investment decision-making stage, through optimization and structure design, procurement strategy, execution, and performance oversight for transitioning operations.”

Mr. Bhagat specialises in providing clients with advice on issues pertaining to the infrastructure, real estate, engineering and construction, oil and gas, metals, power, and industrial equipment sectors. Among his noteworthy responsibilities have been managing large capital projects for top developers, owners, and engineering, procurement, and construction (EPC) contractors in a variety of industries. In addition, he has counselled the boards and executive teams of India's top three EPC and construction companies.

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Mr. Bajaj welcomed his new colleague, “Adding Pankaj to our team strengthens our global network of boots-on-the-ground professionals to drive growth for clients. The firm’s integrated platform and India’s extensive infrastructure push, positions the market as a key expansion route for A&M’s INFRA service offering. As government, corporates and investors drive large scale and complex infrastructure development across sectors, A&M India is perfectly poised to help them achieve their goals.”

Mr. Bhagat, said, “A&M’s operational heritage and results-driven mindset aligns with my professional experience and approach to long-term client relationships. Across the region, clients are asking for oil & gas, transportation and EPC capital investment solutions and cost controls. A&M’s global platform and mission to solve for complex problems helps clients maximize value through growth and transformation.”

About Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services.

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