India chief Neeraj Aggarwal takes over as BCG Asia Pacific regional Chairman

08 August 2018 Consultancy.asia

BCG has appointed India Managing Director Neeraj Aggarwal as the new regional chair for its Asia Pacific operations.

Following his elevation to the top role in India in 2015, Neeraj Aggarwal will now take over as the regional chair for The Boston Consulting Group’s Asia Pacific practice, including operations in China, India, Japan, Southeast Asia, Korea and Australia.

Aggarwal follows in the footsteps of his predecessor Janmejaya Sinha, who has served in the Asia Pacific Chairman role since 2009 after a six-year stint as the firm’s leading Managing Director in India. It has been suggested in reports that Sinha will return to an India-focused role.

“We are excited to appoint Neeraj as our new Asia Pacific regional chair. I am incredibly confident about Asia Pacific’s next chapter under his leadership,” Rich Lesser, BCG’s president global CEO was quoted as saying, adding that the firm will identify and appoint a new lead for India before the end of next month.Neeraj Aggarwal takes over as BCG Asia Pacific regional ChairmanThe firm’s Indian arm currently has ten Senior Partners among its local leadership team, including Aggarwal and Sinha, and also counts among its partners Aggarwal’s wife, Priyanka Aggarwal, who was the first consultant of a diversity profile to join the firm’s India partnership and currently leads its healthcare Provider practice based out of Delhi.

Neeraj Aggarwal first joined BCG almost two decades ago in 1999 after a three and half year term with electronic design automation company Cadence Design Systems. Since crossing to BCG, Aggarwal has developed his expertise in business strategy, transformations, operations, organisational design and digitalisation with a focus on the consumer, technology, and financial services sectors.

Further to his external functions, Aggarwal – who locally achieved one of the fastest promotions to partner – also served as a member of BCG’s global client services team, which sought to transform the firm’s engagement model with its customers, and has worked with numerous committees including an involvement with India’s Ministry of Finance and Ministry of Telecom.

According a statement from BCG India’s Head of Recruitment Suresh Subudhi late last year, the strategy and management firm has been the fastest growing in India for the past ten years – a period spanning Aggarwal and his predecessor Arindam Bhattacharya’s tenures – with the firm’s local headcount growing to more than 1,200 professionals.

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Deloitte adds Richard Hayler as Disputes and Arbitration leader

16 April 2019 Consultancy.asia

Deloitte has brought in Richard Hayler as its new Southeast Asia Disputes and Arbitration Leader. Hayler crosses from FTI Consulting – continuing the recent personnel shuffle in the regional forensics space.

Following the onboarding of veteran forensics expert Jarrod Baker as its new Forensic Investigations Leader for Southeast Asia earlier this year, global professional services leader Deloitte has added another ex-FTI Consulting executive to its regional forensics practice with the appointment of Richard Hayler as its new Southeast Asia Disputes and Arbitration leader. It’s Hayler’s second stint at the Big Four firm.

Originally starting out as an auditor in the chemicals, pharmaceuticals & energy practice of fellow Big Four firm KPMG in the UK (via a five-year Technical Director role with specialist life sciences consultancy Primarius), Hayler after three years crossed to Deloitte in 2008, serving as an Associate Director for its Forensic & Dispute Services division in London, and then from 2012 in Singapore. 

From there, Hayler joined the Singapore office of FTI Consulting’s Economic & Financial practice, promoted to senior managing director at the beginning of last year. Now, like his colleague Baker, Hayler has returned for his second stint with Deloitte, after respectively four and nearly six years with FTI. Meanwhile, FTI recently added e-discovery expert Christopher Marks as a senior managing director – continuing its global raid on Ernst & Young.

“I am delighted to be returning to Deloitte rejoining old friends and being on board with a great team,” Hayler said. This is an exciting time to be back at Deloitte as the firm has made great strides integrating to serve its clients across Asia Pacific better and I look forward to being part of that success.” As of September last year, Deloitte began integrating its Asia Pacific arms into single operational unit – with a co-attendant $321 million investment committed to human capital.Deloitte adds Richard Hayler as Disputes and Arbitration Leader in Southeast AsiaHayler across his career has developed expertise in a broad range of  competencies around forensics, disputes and litigation, including complex valuations, M&A and contractual disputes, accounting irregularities; alleged misappropriation, asset tracing and fraud investigations among others – having led or advised teams multiple jurisdictions in “some of the largest and most complex cases in the last decade.”

“Having Richard in our leadership team is a strong market differentiator,” said Tim Phillipps, Deloitte’s Financial Crime Strategy and Response Network leader for APAC. “His track record and extensive experience will be critical as we continue to expand and strengthen our presence in the Southeast Asia region.  It will enhance our capacity to serve our clients, and ensure that we continue to provide clear, timely and insightful counsel.”

In addition to Deloitte, Hayler serves on the Standards Review Board of the International Valuation Standards Council, as well as being a member of the adjunct faculty at Singapore Management University’s School of Law and the Honorary Treasurer for the Board of Directors of the Chartered Institute of Arbitrators Singapore. He was also last year a group representative for financial & fintech business group with the local British Chamber of Commerce.

According to the firm, Hayler’s recruitment forms part of its plans to expand its forensics services in the region – a practice which has already grown substantially in recent years to include more than 125 dedicated forensic practitioners based in Singapore, Indonesia, Malaysia, Thailand, and Vietnam, with growth driven by investment in disputes and arbitration, electronic discovery, investigations, forensic digital platforms and financial crime advisory and analytics among other areas.