Farokh Balsara, a distinguished veteran of Ernst & Young (EY) with 22 years of dedicated service, has been appointed Managing Partner of the India Business Network. Balsara, who most recently served as the industry leader for EY’s Consumer & Health practice, brings a wealth of experience to this new role. Prior to his current position, he held the role of Markets Leader for EY India for over a decade, from 2009 to 2018.

In his new capacity, Balsara will oversee EY’s initiatives aimed at facilitating the entry of multinational corporations into the Indian market. He will be instrumental in supporting the establishment and expansion of global capability centres within India. Furthermore, Balsara will drive collaboration with EY’s extensive network of over 150 countries to better address global clients’ needs related to the Indian market.

Rajiv Memani, Managing Partner of EY in India, expressed enthusiasm about Balsara’s appointment: “We are pleased to appoint Farokh as Managing Partner of the India Business Network. His extensive experience and leadership qualities will be invaluable in advancing our strategic goals.”

Balsara’s career at EY includes notable roles such as leading the Entrepreneur of the Year program in India and serving as the Media & Entertainment sector leader for the Europe, Middle East, India, and Africa (EMEIA) region. His expertise spans a broad spectrum of EY’s advisory services, including business strategy, mergers and acquisitions for both corporate and private equity sectors, digital and finance transformation, business planning, financial modelling, partnerships and alliances, and cost optimisation.

With his comprehensive background in EY’s advisory services, Balsara is well-positioned to drive EY’s strategic initiatives in India, further strengthening the firm’s global footprint and enhancing its service delivery to international clients with interests in India.