Neeraj Aggarwal promoted to Chairman of BCG's Asia Pacific operations
Nearly three years after being appointed the Managing Director for The Boston Consulting Group (BCG) in India, Neeraj Aggarwal has now been promoted further, this time to the regional chair for the entire Asia Pacific Region, replacing the incumbent Janmejaya Sinha. Aggarwal’s replacement is likely to be appointed by September this year.
Management consultancy BCG’s India outfit has seen its share of success in recent times, having recorded the highest growth rate in India's consulting industry, and having grown its operations to now employ 1,200 professionals in India. A large part of this success can be attributed to Neeraj Aggarwal, who has been the firm’s Managing Director since September 2015.
Aggarwal has perhaps the most sought after combination of academic credentials in India – IIT & IIM – having completed a B.Tech in Computer Science from the former and an MBA from the latter. He also holds an MS in Computer Science from the Ohio State University in the US.
His expertise in the IT domain has not only helped drive his professional career, but is also a major cause of his success in the consulting industry in India, which is currently dominated by the IT services segment. Businesses in the country are rapidly revamping their criteria for executive recruitment to further prioritise a background in the digital world.
Following an initial stint at Cadence Design Systems, Aggarwal joined BCG in 1999 and has worked there since, eventually working his way up to Managing Director in 2015. During this time, Aggarwal worked with the IT, telecoms, and other digital segments, and also held the role of Head of Technology, Media and Telecoms at BCG India.
Aggarwal’s two decades of commitment to the firm and his success therein has now manifested itself in another promotion, this time to the Chairman of BCG’s Asia Pacific Operations. The broadly defined region will still include the firm’s operations in India, and will extend further to include Japan, Australia, South Korea, China, and key financial centres across Southeast Asia.
His ascension up the ranks is accommodated by the reallocation of incumbent Asia Pacific Chairman Janmajeya Sinha, who has held the position since 2009 and will now vacate it to assume the role of Chairman of BCG India. Sinha, who is a graduate of both Cambridge University and Princeton University, and has two decades of experience at BCG, leaves Aggarwal sizeable shoes to fill.
The new Managing Director for BCG India, meanwhile, is yet to be selected. According to BCG’s global President & CEO Rich Lesser, the firm will “identify and appoint a new managing director in India before the end of September.”
