Jugnu Sakuja and Shubhra Goel join Alvarez & Marsal

07 November 2024 Consultancy.in

Alvarez & Marsal has strengthened its leadership team in India with the hire of two new Managing Directors: Jugnu Sakuja and Shubhra Goel.

Himanshu Bajaj, Managing Director and India Co-Country Leader at Alvarez & Marsal, said that the latest class of senior joiners is part of the firm’s ambition to scale up in India. The firm currently operates with offices in Bengaluru, Mumbai, and New Delhi, but has the aim to more than triple the business in the next five years.

“We are excited to welcome Jugnu and Shubhra to our team. Their appointments reinforce our strategic focus on helping businesses unlock value through innovative and results-oriented transformation strategies,” he said.

Jugnu Sakuja has over 18 years of consulting experience. He specializes in driving large-scale business transformation programs with a focus on margin expansion, growth, and cost optimization. He works with diverse clients, ranging from large multi-billion-dollar enterprises to medium and small promoter-run enterprises across sectors like automobile manufacturing, infrastructure, and retail.

Prior to joining Alvarez & Marsal, Sakuja spent seven years with Accenture in its Strategy & Consulting business, where he was responsible for several transformational initiatives, including a large-scale cost optimization program for one of India’s largest passenger vehicle players, and helping a leading two-wheeler player optimize its logistics and packaging operations.

“Alvarez & Marsal’s reputation for driving meaningful change and delivering tangible results has been a major draw for me. I’m excited to join a team that emphasizes deep operational expertise and is truly committed to helping clients achieve their strategic goals,” said Sakuja.

Shubhra Goel has over 20 years of experience in financial services, including 15+ years in consulting. Her expertise lies in analytics- and technology-led sales improvement, digital strategy formulation, entry strategy, operating model redesign, and program management of large, complex projects. She focuses on clients in the insurance, banking, and capital markets sectors.

Prior to Alvarez & Marsal, Goel served as the Consulting Lead for Financial Services at Accenture. “I am thrilled to join Alvarez & Marsal at such an exciting time in its growth journey in India,” Goel stated.

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