NEW DELHI—March 27, 2023—Bain & Company, a leading global management consulting firm, announced today the appointment of Parijat Ghosh as the new managing partner in India effective April 1, 2023. In his new role, Parijat will be responsible for driving the firm’s continued growth in the market, building client relationships, leading the next generation of Bain leaders, and pursuing the firm’s mission of achieving full potential for our clients.
“Parijat is an exceptional servant leader with a proven track record of delivering sustained results across industries and is recognized as an excellent strategist, highly respected for his transparency and fairness,” said Satish Shankar, Bain & Company’s Regional Managing Partner for Asia Pacific. “He has a deep understanding of the Indian market and has led some of our major enduring client relationships in the country. I am confident that, under his leadership, we will continue to build momentum in the region and fulfill our mission to help clients achieve their goals.”
With over 20 years of extensive experience in management consulting throughout India, the United States, and Europe, Parijat has been leading the Results Delivery® practice for Asia Pacific, as well as Bain’s Healthcare practice in India. He holds deep expertise in growth strategy, sales and marketing, innovation, organization design, executive development, and strategy implementation. Additionally, he has substantial industry experience in the automotive and building products sectors.
“I am excited to take on this role and honored by the trust placed in me. I look forward to working with the team to build on our success and continue to set new standards of excellence for our clients,” said Parijat. “Our India business is the fastest growing and largest in the Asia Pacific region. This is an exciting time for our business, with plenty of strategic growth opportunities to leverage as we support our clients in fostering innovation, growth, and profitability.”
Parijat joined Bain in 2012 and besides steering the Healthcare practice, he also served as the head and vice president of human resources at Bain India. Prior to joining Bain, Parijat worked with other global consulting firms. He earned an MBA from IIM Ahmedabad and holds a graduate degree in B. Tech (Honors) in Manufacturing Science and Engineering from the Indian Institute Technology, Kharagpur.
Parijat will succeed Karan Singh, who after about eight years of leading Bain India, has been appointed as Chairman of Bain India, effective April 1, 2023. Under Karan’s leadership, Bain India has grown at an over 20% CAGR over the last eight years with a focus on transformation for marquee clients. Bain India has created a strong employee culture and has also scaled its leadership team by 4x over the last 8 years. As Chairman, Karan will continue to lead major client relationships, deepen the brand, and be the ambassador for Bain in India.
"I look forward to serving as Chairman for Bain India," said Karan. "India is an important market for us. This new role is an opportunity to continue to grow the firm's presence in the region, as well as promote the development of a strong culture that is focused on client excellence, innovation, and collaboration.”