SYDNEY – 28 January, 2025 – Bain & Company announced today that Mohit Wadan has been appointed as managing partner of the firm’s Australia and New Zealand business, effective 1 April, 2025.

With over 20 years of global consulting experience, Mohit was most recently the co-head of Bain’s Performance Improvement practice in Asia Pacific. He has deep experience in leading large-scale transformations, with a focus on the Financial Services sector. He joined Bain in 2008 and holds a Bachelor of Engineering and Commerce from the University of Auckland.

In his new role as managing partner for Bain’s Australia and New Zealand business, Mohit will be responsible for overseeing the region’s growth, strategy, people, and operations. He will continue to be based in Bain’s Melbourne office.

“Mohit is an outstanding servant leader with a proven track record at delivering complex and large-scale transformation for our Financial Services clients. As part of Bain’s regional leadership team, he has built lasting relationships with our clients, employees, and stakeholders, and developed a deep understanding of our business at local, regional and global levels. He has also mentored many colleagues and contributed significantly to our culture and people. I am confident that Mohit will take our business to new heights,” said Satish Shankar, Bain & Company’s Asia Pacific regional managing partner.

Mohit succeeds Peter Stumbles who has led the Australia and New Zealand practice since 2019. Under Peter’s leadership, Bain’s Australia and New Zealand business has seen revenue grow organically at double digit annual growth rates, as well as doubled its partner team over the last six years. The business has been focused on supporting clients in transformation, technology, data and analytics. During this time, Bain & Company also acquired ArcBlue, an Australia-founded specialist procurement business, and Max Kelsen Consulting, an Australia-based provider of artificial intelligence and machine learning solutions.

“Peter has made tremendous contributions to our firm over the last six years, which included steering the business through the challenging pandemic years. Under his leadership, Bain has significantly grown its market-leading position in Australia and New Zealand and delivered transformative results for our clients,” said Shankar.

“I am honoured to assume the role of managing partner and lead this extraordinary business,” said Mohit. “I am looking forward to working with the team to drive continued market growth, develop best-in-class talent and leverage our strategic and digital capabilities to support our clients to achieve their full potential.”

# # #

Media contacts:

Ann Lee (Singapore) — ann.lee@bain.com

Liz Sichrovsky (Sydney) — liz.sichrovsky@bain.com

About Bain & Company

Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future.

Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry.