September 28, 2022

Alvarez & Marsal Opens New Office in Vietnam

Global supply chain movements, a diverse economy with a sound investment climate and local market demand drive A&M’s SEAA expansion.

HO CHI MINH CITY – Further expanding its footprint in South East Asia and Australia (SEAA), leading global professional services firm Alvarez & Marsal (A&M) announced the opening of a new office in Vietnam, and operationalizing it by hiring Vietnam-based Nidhi Thubanakere, a Senior Director with A&M’s Performance Improvement practice. The new Ho Chi Minh City office extends the firm’s geographic footprint and highlights its commitment to the region and recently launched SEAA business unit.

A&M’s new Vietnam office aligns with the firm’s current operations in Singapore, Indonesia, Australia, and Malaysia. It represents the next strategic step of SEAA’s growth plan and furthers firm’s mission to solve for client’s complex problems with a global network of boots-on-the-ground industry experts and operators.

Mr. Thubanakere brings more than two decades of experience consulting on cross-industry supply chain improvement and manufacturing optimization. He has worked across Europe, America, the Middle East, India and SEAA for multinational corporations, family-owned businesses, and sovereign wealth funds. 

Under the leadership of Utsav Garg, Managing Director and Head of A&M’s SEAA business unit, the Vietnam office will focus on key industry sectors, including industrials and automotive, consumer and retail, technology and communications, and supply chain and operations improvement.

Mr. Garg said, “Vietnam’s business-friendly environment makes it one of the most exciting places to do business today, not only within the ASEAN, but throughout the entire Asia-Pacific region. A&M’s Vietnam office, along with Nidhi’s in-depth local market experience, provides another pathway for helping private equity clients assess in country investment opportunities that maximize value for their portfolio companies.”

Luis De Lucio, Managing Director and Head of Alvarez & Marsal’s Growth Markets practice, said, “As our clients seek to expand their operations and footprint into Southeast Asia, we continue to expand here under the leadership of Utsav Garg. A&M's proposition of tangible and fast results is being met with an overwhelming response from our clients. The local market needs align with A&M’s results-oriented mindset and commitment to driving change.” 

 

About Alvarez & Marsal

Companies, investors, and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.

With over 6,000 people across five continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.

To learn more, visit: AlvarezandMarsal.com. Follow A&M on LinkedIn, Twitter, and Facebook.


Contact:

Sandra Sokoloff,
Director of Global Public Relations, Alvarez & Marsal
+1 212-763-9853
 

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