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C-suite sees rise of the consultant CEO

February 23, 2026

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Mint Mumbai

The corner offices of India Inc. are increasingly occupied by a new breed of executives: the strategic consultant.

- Devina Sengupta devina.sengupta@livemint.com

Veterans from McKinsey & Co., Bain & Co., BCG, and Kearney are swapping advisory roles for the driver's seat, as top companies seek out executives capable of navigating a leadership depth crisis in a volatile world.Recent transitions underscore the trend. Rahul Guha, managing director (MD) and chief executive officer (CEO) of Thyrocare and API Holdings, moved in 2022 after 17 years at BCG. Anuj Khandelwal joined JK Cement as business head for the grey cement division in 2023 after 12 years at BCG. In 2024, Abhishek Malhotra, who has worked at McKinsey and Kearney over 10 years, joined RPSG Group as president and strategy head. Most recently, Vikas Kaushal was named chairman and MD of HPCL in 2025 following 25 years at Kearney.

"Clients are demanding and experiencing true business partnership, and as a result, many organizations are actively finding senior consulting talent as good fitment," says Rahul Jain, India head at BCG. According to Jain, this is a strong recognition of the evolving consulting model and its talent, particularly in an environment where leadership depth remains scarce and fiercely contested.

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