PwC names company veteran Sanjeev Krishnan as Chairman

20 October 2020 Consultancy.in

Sanjeev Krishan – a three-decade PwC veteran who helped establish and expand the firm’s Transaction Services vertical in India – will take the helm from incumbent PwC Chairman Shyamal Mukherjee on 1 January 2021.

Krishan has spent his entire professional career of more than 29 years at PwC, having joined as an articled trainee back in 1991. Climbing the ranks rapidly: He was involved in the launch of the Transaction Advisory vertical in 1997, and eventually became the lead for the practice in 2011 – a position he has held since.

Over the years, Krishan’s work has helped the Big Four accounting and advisory firm cement its position in a market that has come to be a global bright spot in recent years when it comes to private equity and deal activity.

Sanjeev Krishan, Chairman, PwC

Just last year, PwC launched the One Deals programme – combining eight of its advisory teams to form a single, streamlined transaction advisory body.

Embarking on four years at the helm of PwC, Krishan will need a similarly task-focused and streamlined approach, as he attempts to help the firm’s vast pool of clients navigate one of the most challenging economic landscapes in recent history. In a statement, Krishan revealed that modern, cutting edge ideals will inform his leadership of the firm in years to come.

“As a purpose-driven firm, we are constantly striving for opportunities to reinvent the future and help our clients create value for their stakeholders. People, technology, and innovation would be at the core of all that I intend to do in the next few years, for responsible and sustainable growth for us as a firm, our clients, and society,” he said.

Krishan has large shoes to fill in this regard, as his predecessor’s reign already saw the business transform at an unprecedented scale. Under Mukherjee's leadership, the firm has digitalised, changed its market strategy, put people at the core of its operations and amassed a significant base of loyal clients.

“It will be my endeavour to build on the legacy Shyamal leaves behind, and I will draw inspiration from the exemplary leadership he has demonstrated during these exceptional times, making us a firm of choice for our clients, our people as well as the larger society. He is an extraordinary leader and we are grateful for his contribution to PwC in India, not only as the Chairman but during his almost four-decade long journey with the firm,” Krishan added.

PwC India is home to more than 10,000 professionals spread across key cities – Delhi, Mumbai, Bengaluru, Chennai, Ahmedabad, Hyderabad, Kolkata and Pune included. Krishan takes the helm of this operation, which forms part of a global network of more than 250,000 people across 150 plus countries.

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