Bain & Company, a global business and management consultancy, announced that Satish Shankar will take on the role of Regional Managing Partner for Asia Pacific (APAC), effective April 1st.
A veteran in the firm for over 20 years, Satish will continue to be based in Singapore. Satish will be taking over the role from Dale Cottrell, who has served as the Regional Managing Partner for six years.
In his new role, Satish will lead Bain’s business across the Asia Pacific (APAC) region; and oversee the overall company’s strategy, operations, training and development. He will also focus on working with the management teams of national and multinational companies to help them transform their organizations and achieve lasting business results, while helping businesses become more efficient, competitive and future-ready.
About his appointment, Satish said:
“It is a privilege to take on this new role and to continue working with our talented and diverse team to help our clients across the region achieve exceptional results.”
“As we continue to approach our industry with an insurgent mindset, we remain dedicated to helping clients be disrupters and APAC is an area with exciting growth and significant innovation, which is critical to our firm’s long term success
Satish was most recently the Managing Partner for Bain & Company’s Southeast Asia (SEA) region, a position he held for five years. Under his tenure, the company experienced significant double digit growth across the region. His tenure showcased an emphasis on business talent, driving tangible results with clients, and helping to develop the firms’ offices in Indonesia, Malaysia and Thailand into some of the most successful growth pillars for the firm—all positive developments for Bain & Company’s reputation in SEA.
Satish works with clients across Energy and Natural Resources, Transportation, and Consumer Products on Strategy, Transformation, Performance Improvement and M&A. He has also led Bain’s M&A Practice across APAC.
Manny Maceda, Bain & Company’s Worldwide Managing Partner said about the appointment:
“Satish is the perfect leader to drive our APAC region through another period of successful growth, delivering enduring results for our clients, and inspiring Bain’s people to greatness.”
“He has the ability, experience, and character that fits best with our needs in the region for the years ahead, as we continue to partner and team with our clients around the world. I congratulate him as he takes on this role.”
Former Regional Managing Partner Dale Cottrell will return to advising the firm’s clients as part of Bain’s ‘servant leader’ model, in which partners regularly rotate into leadership roles and then back to client work.
Dale and Satish will work closely together in the coming months to ensure a seamless transition. Satish will officially take over the role of regional managing Partner in Q2 2019.
Featured image credit: Bain & Company