Alvarez & Marsal names India MD
Alvarez & Marsal India has appointed Kartik Goel as managing director, a senior appointment in a firm known for restructuring and performance improvement work. The move signals leadership reinforcement in advisory services that blend operational credibility with transformation delivery. (adgully.com)
Alvarez & Marsal India appointed Kartik Goel as a managing director on April 14, adding a senior leader in procurement and supply chain transformation. (alvarezandmarsal.com) Goel is based in Mumbai and joins the firm’s Business Transformation Services practice, where he will work on procurement, supply chain, and enterprise-wide cost transformation projects. (alvarezandmarsal.com) Before joining Alvarez & Marsal, Goel was a partner at Boston Consulting Group, where the firm said he led operations and supply chain engagements in North America and India. Alvarez & Marsal says he has more than 12 years of consulting experience. (alvarezandmarsal.com 1) (alvarezandmarsal.com 2) His brief is specific: strategic sourcing, procurement operating model redesign, logistics and network strategy, and digital procurement tools, including artificial intelligence-enabled systems for supplier management and spend analytics. (alvarezandmarsal.com) That hire fits a broader build-out in India. In September 2024, Alvarez & Marsal hired Bharat Garg and Sameer Amte as managing directors in business transformation services and added Anjali Chandra as senior director in its Global Capability Center in New Delhi. (vccircle.com) The firm has been adding senior India leaders across practices, including Ashish Bansal in transaction advisory in December 2023 and Akhilesh Sahu in industrial and consumer goods in August 2024, according to VCCircle. (vccircle.com) Alvarez & Marsal is best known for restructuring, turnaround management, and performance improvement work, but its India statement on Goel centers on execution inside company operations rather than financial restructuring alone. The company said clients are seeking help on efficiency, resilience, and measurable financial outcomes. (alvarezandmarsal.com) Goel’s published case list points to the kind of mandates the firm wants more of: procurement cost reduction for footwear and retail clients, maintenance and operations cost cuts for a large food and beverage company, and logistics diagnostics for a United States used-car retailer. (alvarezandmarsal.com 1) (alvarezandmarsal.com 2) For Alvarez & Marsal India, the appointment adds another senior operator in Mumbai as the firm expands its business transformation bench. For clients, it signals more advisory work aimed at cutting costs and changing how supply chains run day to day. (alvarezandmarsal.com) (vccircle.com)