| Utkarsh Palnitkar |
KPMG has announced the appointment of Utkarsh Palnitkar as Partner & National Head of Transactions & Restructuring practice and for the Life sciences practice. Palnitkar has joined KPMG in India from Centrum Capital, a large financial services company, where he was an Executive Director. Prior to this, he was associated with Ernst & Young (E&Y) for 15 years. During this period he was office managing partner of E&Y’s Hyderabad practice, leader of the advisory practice and led the Life sciences practice.
Speaking on his appointment, Palnitkar said, “I am honoured to be given the opportunity to lead this tremendously talented group of professionals at KPMG in India. I am very optimistic about our combined ability to grow both the businesses in this environment. We seek to capitalise on these positive fundamentals through further deepening our sector skills, while expanding the spectrum of deal services to add value to our clients.”
Richard Rekhy, Chief Executive Officer, KPMG in India said, “We are delighted to welcome Palnitkar into the KPMG family. An industry veteran, Palnitkar has a vast experience across life sciences, business advisory, government, real estate and infrastructure advisory. Several of the practices he led were market leaders amongst the Big Four. I am confident that under his able leadership, the transactions and restructuring business will see exponential growth in the coming phase.”
EP News Bureau – Mumbai