Ankura promotes Preeti Inchody to senior managing director

13 March 2023 Consultancy.com.au

Professional services firm Ankura has added to its Australian senior managing director stocks with the promotion of M&A and corporate finance professional Preeti Inchody.

Sydney-based Inchody has been named as one of 14 worldwide senior managing director promotions made by business advisory Ankura. Inchody’s promotion was one of just three elevations outside of the US, and now she joins a small handful of local Ankura senior managing directors operating across the firm’s offices in Sydney, Melbourne and Perth.

“I want to congratulate our newly promoted Senior Managing Directors and celebrate their tremendous accomplishment,” said Ankura chief executive officer Kevin Lavin, who was appointed to replace long-standing CEO and founder Roger Carlile in 2020. “They are an outstanding group of highly regarded practitioners with proven track records of success and are distinguished in their areas of expertise.”

Preeti Inchody, Senior Managing Director, Ankura

Inchody first joined Ankura in Sydney at the start of 2020, crossing after five years in the transactions team at FTI Consulting, where she rose to managing director and led many complex cross-border transactions across a variety of sectors. Previously, she spent over two and a half years at Nextec Strategic Capital shortly after settling in Australia, and has 20 years of corporate finance experience.

“I am happy to share a career milestone,” Inchody stated in a post to LinkedIn. “Thank you to my clients who hired me and advocated for me and my team with whom I started with a business plan on paper pre-Covid. There is no better feeling than to persevere audaciously and relentlessly to build something from scratch. Thank you to the Ankura leadership team for their trust.”

Ankura first established a presence in Australia following the firm’s massive $470 million purchase of Navigant’s Transaction Advisory Services (TAS) and Disputes, Forensics and Legal Technology (DFLT) wings, and has since made a concerted push in the market with the launch of local restructuring practice.

Ankura currently has four listed senior managing directors in Australia. The three others are: Quentin Olde, Liam Healey, and Chris Clark. Another former senior leader, Shannon Sedgwick, recently departed for MinterEllison.

The continuing move into the Australian market is in line with Ankura’s wider push into the Asia Pacific region, which CEO Lavin describes as a key pillar of the firm’s growth strategy. Toward the end of last year, Ankura added a second office in Greater China, the Shanghai base joining an existing outlet in Hong Kong. The firm also last year simultaneously launched two offices in India, in Gurgaon and Mumbai.

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