A veteran working for more than 20 years at the Bain & Company will soon take over as regional managing partner for the Asia-Pacific

Satish Shankar, a more than 20-year-old veteran of the firm, Bain & Company, will take over as the regional managing partner for Asia-Pacific (APAC), effective from April 1 (Q2) in Singapore. Manny Maceda, worldwide managing partner announced on Wednesday.

Shankar has been the managing partner for the firm in the Southeast Asia (SEA) region for five years. Under his tenure, the company experienced a strong double-digit growth across the region with a strong emphasis on making Bain the best place for business talent, building a strong track record of driving tangible results with clients, and helping to develop the firms’ new offices in Indonesia, Malaysia and Thailand into successful growth pillars for the firm. The company is been increasingly seen as the go-to firm for transformations and digital solutions in the SEA.

Shankar 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. “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,” said Manny Maceda.

He added, “He truly 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 over this role.”

In his new role, Shankar will be responsible for leading Bain’s business across the Asia-Pacific (APAC) region and overseeing strategy, operations, training and development. He will also focus on working with the management teams of national and multi-national companies to help them transform their organisations and achieve lasting business results, while helping businesses become more efficient, competitive and future-ready.

“It is a privilege to take on this new role and to continue working with our talented and diverse team and help our clients achieve exceptional results,” said Shankar. “As we 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,” he added.

Dale Cottrell, who has served as the firm’s regional managing partner for six years, 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 get back to client work. Under Cottrell, Bain’s APAC markets have seen unprecedented success, both in terms of strong double-digit growth and clients, people and the firms’ strategic priority to deliver leading edge digital and analytic solutions.

“It’s been a true privilege to serve the company through this role for the past six years and to have seen the firm continue to achieve monumental success and growth across cutting-edge technology solutions, from AI, machine learning and blockchain to automation, robotics and IoT,” said Cottrell, adding, “My biggest source of pride has been working with the best people across such a diverse set of markets and expertise to help our clients navigate the disruptive forces they are facing and deliver out-performance in their industry.”

Dale and Satish will work closely together in the coming months to ensure a seamless transition.