EY to PwC, KPMG to Deloitte, consultancy firms are witnessing a war for talent
MUMBAI : Top consulting companies are poaching from rival firms for newer skills and experienced hands, even as they lose some of their own bright minds to competitors. At a time of rising opportunities in artificial intelligence to business transformation and risk to digital advisory, a number of global consulting bluechips in India have seen top partners switch jobs and take up new roles.
In March, PwC hired Santosh Subramaniam from Accenture as partner, strategy and transformation; while KPMG hired Ankur Nishar, earlier director at PwC and later Price Waterhouse & Co LLP, as partner in its deals and tax advisory practice. In December, KPMG hired EY's Sneha Gharat as partner, deal advisory, infrastructure; in the same month, Chirag Agrawal from EY joined as head of corporate finance and investment banking at Deloitte South Asia.
All executives have updated the change in their LinkedIn profiles; PwC, Deloitte and Accenture did not respond to queries sent on Tuesday. "The consulting market is dynamic, creating multiple opportunities for executives within and at times outside the firm," said KPMG, which has 650 partners and practice leads.
"With our strong bench strength, it’s only natural to lose a handful of executives to the industry which only reflects the quality of talent within the firm. We are constantly on the lookout for good talent, especially those with proven leadership skills," a KPMG spokesperson said in an email.
Consulting companies are keen on hiring top partners, since they hold the potential to bring in additional talent from their previous employer. Reasons for the shifts vary from higher compensation, opportunity to leverage niche skills, preference for younger partners and seniors exiting the
. Read more on livemint.com
