One of the leading global management consulting firms- Bain & Company has appointed Shyam Unnikrishnan as the new Managing Partner for its India business, effective April 1, 2025, as a successor to Parijat Ghosh who will now be leading the firm’s Healthcare & Life Sciences practice in the APAC region.
In his new role, Unnikrishnan will be responsible for overseeing the country’s growth, strategy, people, and operations.
That said, with nearly two decades of global consulting experience of working across Bain’s Sydney, Atlanta, and New Delhi offices amongst others, Unnikrishnan is currently based in Bengaluru and has advised clients across multiple regions, bringing extensive cross-market expertise. Most recently, he also led Bain’s Innovation & Design practice in Asia Pacific (APAC) and is a leader in the Retail, Consumer Products, Strategy and Digital practices.
Bringing with him a deep expertise in full-potential transformation, market entry, sales acceleration, customer experience enhancement, commercial due diligence, and merger integration, he has also been a recipient of Bain’s Bright-Dix Award, the annual global award for excellence in developing people.
Commenting on the development, Satish Shankar, Bain & Company’s regional managing partner for APAC, said, “Shyam is a proven leader who embodies Bain’s core values of leadership, collaboration, and innovation, with an outstanding track record of driving strategic growth. Widely admired as an inspirational leader and mentor, he has significantly contributed to our culture and talent, and built lasting, best-in-class client relationships. Trusted for his expertise, insight, and high-impact results, I am confident that under his leadership, we will reinforce our strengths, and help clients realize their full potential while supercharging the momentum of new drivers in the region.”
“I am honored to lead Bain in India as we enter an exciting new phase of growth. This is a transformative time for India and our clients, with rapid technological advancements and shifting market dynamics creating unprecedented opportunities. With our exceptionally talented team in India and the full strength of Bain’s global network, we are deeply committed to working alongside our clients to drive outsized impact and deliver unparalleled results as they redefine the future of their industries in India and beyond,” added Shyam Unnikrishnan, Managing Partner- India, Bain & Company.
This development comes in the aftermath of Parijat Ghosh being elevated at the company to lead the firm’s Healthcare & Life Sciences practice in the APAC region.
Ghosh comes with more than 25 years of management consulting experience in India, the United States, and other emerging markets and has deep experience across health systems and the different stakeholders in the complex healthcare eco-system and has led multiple revenue, customer, digital and cost transformations.
He is experienced in corporate & business unit strategy, M&A & integration, transformation and change management across global multinational companies, leading APAC companies and financial investors in Healthcare & Life Sciences.
With Ghosh’s elevation in place, Vikram Kapur, Head of Bain’s global Healthcare & Life Sciences practice, said, “Parijat has been instrumental in shaping Bain’s success in India—driving growth, building a high-performing team, and expanding our impact across industries, particularly in Healthcare and Life Sciences where he has led some of our leading regional and global client results stories. His leadership, deep expertise, and strategic vision make him the perfect choice to lead our fastest growing practice in APAC, at a crucial stage for the sector. I am confident that Parijat’s leadership will empower our teams and clients to navigate this shift and unlock new opportunities.”
“Working in Healthcare & Life Sciences is a calling to transform lives through breakthrough strategies and advancing science and technology. I look forward to driving meaningful transformation in this rapidly evolving landscape. I am excited about the opportunities to collaborate with our clients to shape the future of Healthcare & Life Sciences and drive breakthrough health and business outcomes,” added Parijat Ghosh, Healthcare & Life Sciences practice Lead- APAC region, Bain & Company.
