Alvarez & Marsal (A&M) India has strengthened its leadership team with the appointment of Dev Ramchandani as Executive Director within its Business Transformation Services practice. Based in Pune, Mr. Ramchandani will spearhead the firm’s industrial transformation and operations advisory portfolio, focusing on manufacturing-led sectors.
In his new role, Mr. Ramchandani will scale A&M’s capabilities in operational technology (OT)/information technology (IT) integration, digital operations, and lean performance, helping clients drive measurable impact amid growing industrial complexity.
Bringing over two decades of experience, Mr. Ramchandani has a proven track record of designing and delivering large-scale transformation programs aligned with organizational strategy. His expertise spans automotive and industrials, metals and mining, healthcare and life sciences, and chemicals. He is recognized for bridging factory-floor excellence with digital strategy, ensuring enterprises remain competitive in dynamic markets.
Prior to joining A&M, Mr. Ramchandani held leadership positions at Tata Motors, McKinsey & Company, and Hitachi, where he led high-impact transformation initiatives across operations and enterprise levels.
Commenting on the appointment, Himanshu Bajaj, Managing Director & Head – A&M India and GCC, said:
“India’s industrial sector is entering a new era, driven by competitiveness, digitization, and global integration. Dev’s ability to connect manufacturing excellence with advanced digital capabilities will be pivotal in helping clients future-proof their operations and accelerate growth.”
Praveen Pajiar, Managing Director, Business Transformation Services, A&M India, added:
“Dev’s multidisciplinary expertise and industry exposure across core operations and strategy make him a valuable addition to our expanding team. His experience in navigating complex change environments will help clients achieve tangible results through end-to-end transformation.”
Expressing his vision, Dev Ramchandani, Executive Director, A&M India, said: “In this era of rapid technological advancement, redefining business excellence means bridging the gap between shopfloor precision and enterprise-wide performance. I look forward to helping clients push the boundaries of what’s possible through pragmatic, scalable transformation that integrates OT, IT, and business strategy.”
With this appointment, Alvarez & Marsal reinforces its commitment to driving next-generation industrial transformation in India, positioning itself as a trusted partner for organizations navigating the evolving manufacturing and digital landscape.