Alvarez & Marsal picks India for inaugural global capability center

02 August 2023 2 min. read
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Global consulting firm Alvarez & Marsal has launched its first ever Global Capability Center, picking India as the location for its talent hub.

The new business hub will support Alvarez & Marsal’s client-facing teams worldwide with expertise and staffing solutions, enabling the firm to rapidly meet demand for its services.

“The new Global Capability Center accelerates our service delivery, enabling us to harness a readily available pool of professionals, who can be deployed quickly across borders, functions and industries,” said Bryan Marsal, Chief Executive Officer of New York- headquartered Alvarez & Marsal.

Alvarez & Marsal picks India for inaugural global capability center

The hub will provide talent across Alvarez & Marsal’s main lines of business, including strategy, operations, restructuring, financial management, forensics, and mergers & acquisitions. Teaming up with on-the-ground professionals working closely with client stakeholders, the remote ‘backfill’ team will enable the firm to deliver “rapidly scalable solutions” to its engagements worldwide.

Commenting on the launch, Vikram Utamsingh, Managing Director and Country Leader at Alvarez & Marsal in India, said: “India has long been a leader of GCC initiatives. The firm’s integrated platform uniquely positions our talent base to help clients navigate challenges and achieve their goals. The talent of our Global Capability Center will have opportunities to work alongside our clients within the global network.”

Leading the Global Capability Center are the duo Manish Goyal and Nikhil Shah.

Goyal has been hired externally. He previously spent more than 12 years with Bain & Company, where he served as Vice President and Chief Operating Officer for its Capability Network. While there, he was responsible for founding and scaling multiple global centers of excellence across a range of industries, functional capabilities, next-gen technologies, and internal operations.

Before that, Goyal served Monitor Group in India and Arthur D. Little in the United Arab Emirates.

“Manish brings a critical understanding of managing Global Capability Center operations and talent. He has extensive experience building centers of excellence and his approach aligns with our deep operational heritage,” said Luis de Lucio, Managing Director and Head of Growth Markets.

Shah has been with the global consulting firm for over thirteen years. He currently leads the firm’s Turnaround & Restructuring and Corporate Finance practices in India.