Monday, 25 August 2025 – Alvarez & Marsal (A&M) India has announced the appointment of Dev Ramchandani as Executive Director within its Business Transformation Services practice. Based in Pune, Mr. Ramchandani will be responsible for advancing the firm’s industrial transformation and operations advisory offerings, with a strategic focus on manufacturing-led sectors. His mandate includes scaling A&M’s capabilities in OT/IT integration, digital operations, and lean performance to deliver measurable impact for clients navigating complex industrial challenges.

Mr. Ramchandani brings more than two decades of industry experience, specializing in the inception and delivery of large-scale transformation programs aligned to organizational vision and strategy. His focus sectors include automotive and industrials, metals and mining, healthcare and life sciences, and chemicals. He bridges core manufacturing operations with advanced digital strategy, applying unique operational technology (OT) along with an information technology (IT) perspective to enterprise transformation.

He brings deep expertise in operational excellence, lean methodologies, and industrial digital transformation, having supported clients in aligning with Lighthouse principles and pursuing strategic market growth. Prior to joining A&M, Mr. Ramchandani held leadership roles at Tata Motors, McKinsey, and Hitachi, where he led critical factory-floor and enterprise-wide transformation initiatives.

Himanshu Bajaj, Managing Director & Head – A&M India and GCC, said, “India’s industrial sector is entering a new era, driven by a focus on competitiveness, digitization, and global integration. Dev’s proven ability to align manufacturing excellence with advanced digital capabilities will be pivotal in helping clients’ future-proof their operations and scale impact.”

Praveen Pajiar, Managing Director, Business Transformation Services, A&M India, said, “Dev’s multidisciplinary expertise and deep industry exposure across core operations and strategy make him a strong addition to our growing team. His experience across sectors and ability to navigate complex changing environments will help achieve measurable value through end-to-end transformation programs.”

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. Stepping into the role of Executive Director at Alvarez & Marsal is a unique opportunity to help clients push the boundaries of what’s possible—through pragmatic, scalable transformation that harmonizes OT and IT with business strategy.”

About Alvarez & Marsal

Founded in 1983, Alvarez & Marsal is a leading global professional services firm. Renowned for its leadership, action, and results, Alvarez & Marsal provides advisory, business performance improvement, and turnaround management services, delivering practical solutions to address clients' unique challenges. With a worldwide network of experienced operators, world-class consultants, former regulators, and industry authorities, Alvarez & Marsal helps corporates, boards, private equity firms, law firms, and government agencies drive transformation, mitigate risk, and unlock value at every stage of growth.

To learn more, visit: AlvarezandMarsal.com.