KPMG India has appointed Utkarsh Palnitkar as Partner & National Head of Transactions & Restructuring practice and National Head of Life Sciences practice.
Utkarsh Palnitkar joins KPMG from Centrum Capital Ltd, where he was an Executive Director. Prior to Centrum, he was associated with Ernst & Young (E&Y) for 15 years.
During this period, he was Office Managing Partner of E&Y’s Hyderabad practice, Leader of the Advisory practice and led the Life Sciences practice.
Richard Rekhy, Chief Executive Officer, KPMG in India, said: “An industry veteran, Utkarsh has a vast experience across life sciences, business advisory, government, real estate and infrastructure advisory. Several of the practices he led were market leaders among the Big Four.”
Utkarsh Palnitkar joined Ernst & Young in 1995 and was one of the youngest partners at the firm. He was associated with many pioneering initiatives such as setting up of a biotech park, biotech incubator, biotech-focused venture capital fund and the first Bio-IT park.