BCG reshuffles senior management throughout Asia Pacific
The Boston Consulting Group has named Neeraj Aggarwal the next Regional Chair for the Asia Pacific region. Prior to the announcement, the firm made it public that Ahmed Fahour would be brought in to the firm’s Digital Ventures practice across Asia Pacific as non-executive chairman.
The Boston Consulting Group has had a huge week of reshuffling its senior management across the Asia Pacific region. The consulting firm has made a swap for Regional Chair, which includes the locales of Japan, Australia, South Korea, China, India and South-East Asia.
The global management consulting powerhouse has appointed the Indian national, saying, “We are excited to appoint Neeraj as our new Asia Pacific regional chair.” Within the reshuffle, the ex-Regional Chair Janmejaya Sinha is likely to take over Aggarwal’s position as the Managing Director of India while the firm searches for a new candidate.
The Boston Consulting Group’s president and CEO Rich Lesser said the management consulting firm will “identify and appoint a new managing director in India before the end of September.” He also commented on his enthusiasm to have Aggarwal move up into the regional management position. “I am incredibly confident about Asia Pacific’s next chapter under his leadership,” he said.
Aggarwal has been with the firm for almost 20 years and has made large gains for the firm in terms of digital competitiveness in India and throughout the region. Having graduated from the Indian Institute of Technology in Delhi with a bachelor of Tech, Aggarwal moved onto Ohio State for a masters.
Prior to joining the BCG, he was working with an electronic design automation company called Cadence Design Systems as a senior member of technical staff. When he finished up at Cadence, Aggarwal moved on to undertake an MBA from the Indian Institute of Management Ahmedabad.
Joining The Boston Consulting Group in 1999, the promotion comes a year before he reaches his twenty year milestone. With the firm, he has worked his way through a number of senior management roles including manager of BCG’s recruitment and operations in India and the head of its technology, media and telecom practice in India.
BCG Digital Ventures in Australia
BCG's digital and creative practice Digital Ventures has been expanding its game in Australia and throughout the Asia Pacific recently. The practice opened up offices in both Tokyo and Shanghai last year and also promoted well renowned Lebanese-Australian Ahmed Fahour to non-Executive Chairman. BCGDV's ambitions were to grow to over 600 professionals globally by the end of the 2017.
Fahour had done a career full circle having left BCG earlier in his career to hold a number of executive positions including CEO of Citigroup ANZ, CEO for the Australian division of the NAB and most recently, CEO of Australia Post.
During his time with the Australia Post – a post which he left in 2017 – Fahour managed the business through a critical period of digital disruption and managed to build a profitable e-commerce and delivery service. The job as non-Executive Chair with the BCGDV division, will give him the opportunity to further the firm’s digital agenda in the Asia Pacific region.
"BCGDV has already had a huge impact in Australia building new ventures for large banks, telcos and others. These ventures are growing as fast as we are. BCGDV is doubling the size of its Sydney innovation centre which currently houses a team of 80 entrepreneurs, designers and business builders,” said Paul Hunyor, a Partner of BCGDV based in Sydney in relation to Fahour's appoint last year.
