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Dev Ramchandani Appointed as Executive Director at Alvarez & Marsal India

Alvarez & Marsal India has appointed Dev Ramchandani as Executive Director in its Business Transformation Services practice. He will be based in Pune and will lead the firm’s efforts to strengthen industrial transformation and operations advisory solutions, with a clear focus on manufacturing-led industries.

In this role, Ramchandani will be responsible for expanding A&M’s expertise in operational technology and information technology integration, digital operations, and lean performance. He will drive measurable outcomes for clients facing complex challenges in industries including automotive, metals and mining, healthcare and life sciences, and chemicals.

With over twenty years of experience, Ramchandani has led large-scale transformation programmes that align with organisational vision and strategy. He is recognised for linking manufacturing operations with advanced digital solutions, bringing a unique operational and technology perspective to business transformation.

Before joining Alvarez & Marsal, he held senior roles at Tata Motors, McKinsey & Company, and Hitachi. In these positions, he led critical transformation projects both at the factory level and across enterprises, focusing on operational excellence, lean practices, and industrial digitalisation.

Himanshu Bajaj, Managing Director and Head of A&M India and GCC, said, “India’s industrial sector is entering a new era, driven by a focus on competitiveness, digitisation, and global integration. Ramchandani’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 of Business Transformation Services at A&M India, added, “Dev’s multidisciplinary expertise and deep industry exposure across core operations and strategy make him a strong addition to our growing team. Ramchandani experience across sectors and ability to navigate complex changing environments will help achieve measurable value through end-to-end transformation programmes.”

Sharing his excitement, Ramchandani 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 harmonises OT and IT with business strategy.”

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