Alvarez & Marsal, (A&M) India, a leading global professional services firm, announced the appointment of Santosh Kamath as its Managing Director to strengthen the firm's energy practice in the energy transition and clean energy areas.
Kamath's appointment strengthens A&M's expanding footprint in India and boosts the company's ability to maximise value and drive change for energy sector clients.
Kamath holds an engineering degree from IIT Bombay and a management degree from IIM Bangalore. Prior to joining A&M, Kamath served as a partner in KPMG's energy practice, specialising in the renewable energy sector.
With over 23 years of experience in advising clients across the energy value chain, Kamath is a recognised industry leader known for working with a broad range of stakeholders and providing leadership to companies focused on emerging energy transition areas. He has been involved with governments to form policies and has been counselling investors on their investment decisions.
Vikram Utamsingh, Country Leader, and Managing Director, 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."
Manish Saigal, Managing Director and co-lead Business Transformation Services, 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."
Kamath stated, "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 mind set provides a unique foundation for helping clients achieve their transformation objectives in these changing times."
