Mumbai, 8 May, 2023 — Alvarez & Marsal (A&M) India, a leading global professional services firm, announced the appointment of Santosh Kamath as Managing Director to strengthen the firm’s Energy practice in the energy transition and clean energy areas. Mr. Kamath’s appointment strengthens A&M’s expanding footprint in India and bolsters the firm’s ability to maximize value and drive change for energy sector clients.
With over 23 years of experience advising clients across the energy value chain, Mr. Kamath is a recognised industry leader noted for working with a broad range of stakeholders and providing leadership to companies focused on emerging energy transition areas. Mr. Kamath helps governments shape policy, counsels on investors’ investment decisions, and advises corporates and new energy companies on strategies for delivering value to their stakeholders. Prior to joining A&M, Mr. Kamath served as a partner in KPMG’s energy practice, specializing in the renewable energy sector.
Vikram Utamsingh, Country Leader, and Managing Director at A&M India, said, “Over the next 10 years, India is likely to experience significant investments in the energy transition sector. Santosh’s joining represents the next phase of our strategic plan for expanding A&M India’s market presence and our energy sector expertise. As the energy sector continues to transition and evolve, Santosh’s in-depth knowledge and industry relationships, will help our clients effectively navigate the business complexities intertwined with their energy transition challenges.”
Manish Saigal, Managing Director and co-lead Business Transformation Services at A&M India, said, “Santosh’s vast management consulting experience and strong energy sector expertise will further our team’s ability to help clients drive growth and profitability against the backdrop of economic volatility and industry disruption. His track record of delivering results aligns with A&M’s operational approach and heritage and enhances our ability to provide innovative and sustainable solutions.”
Mr. Kamath said, “Energy transition is both a risk and a very large opportunity for global and Indian companies and can help India leapfrog to energy self-reliance and global energy leadership. A&M’s global energy sector platform that brings strategic thinking along with an operator mindset provides a unique foundation for helping clients achieve their transformation objectives in these changing times.”
Mr. Kamath holds an engineering degree from IIT Bombay and a management degree from IIM Bangalore.