Alvarez & Marsal (A&M) India, a global professional services firm, has announced the appointment of Sandeep Pangal as Senior Advisor in Corporate Finance and Restructuring group.
Pangal is a senior professional with nearly two decades of experience working across multiple industries along with advising on strategic initiatives and capital allocation, according to a statement.
Previously, Pangal served as the MD and Head of Investment Banking and Capital Markets at Credit Suisse and Managing Director at JP Morgan.
Pangal has led over $40 billion of advisory merger and acquisition transactions spanning sell side and buy side, restructurings and spinoffs. Additionally, he has managed over $30 bn of financings across IPOs, equity follow-ons, convertibles, mezzanines, local debt, US loans, US Investment Grade and high yield bonds.
Most recently, he advised CG Power on its debt restructuring and sale, the only out of court distressed asset resolution in India in 2020, the statement said.
Speaking on the appointment, Vikram Utamsingh, Managing Director and Country Head, Alvarez & Marsal India, said, “Sandeep’s appointment demonstrates the next step of our strategic plan to expand our debt restructuring and corporate finance offering as larger businesses face stress from the pandemic and economic environment. His expertise, insights and fresh perspectives further our ability to bring leadership, action and results to our clients.”
Sandeep Pangal, Senior Advisor – Corporate Finance and Restructuring Group, Alvarez & Marsal India, said, “In a post-pandemic world, financial engineering has to be combined with operational enhancements to lay the groundwork for an enduring recovery. A&M strives to provide this offering. I am excited to be part of this journey in India.”
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