Baringa Partners appoints Jayesh Parmar as partner to develop new Energy Advisory Service Practice.
Baringa Partners has appointed Jayesh Parmar as partner with responsibility for its new Energy Advisory Service (EAS) practice. Parmar brings a wealth of experience and his appointment will enable Baringa to develop and grow its advisory services further.
The EAS practice will expand the strategic consultancy Baringa currently offers its energy and utilities clients, many of whom are looking for opportunities to restructure or shape their organisation, tighten the management of assets or improve overall business performance in an exciting climate of change. The development of a dedicated EAS practice will also further strengthen Baringa’s relationship with its strategic partner Redpoint Energy.
Parmar has more than twenty years of experience in the energy sector, particularly in the oil, gas and utilities verticals, and joins Baringa from the Energy Practice at Oliver Wyman. His initial focus in his new role will be to build on Baringa’s current offerings and reinforce the Company’s position as a preferred strategic partner
Commenting on his new role, Parmar said: “I’m thrilled to be joining Baringa Partners and to have the chance to shape and expand the EAS practice. It’s a great opportunity to develop and extend the energy advisory services currently offered by Baringa, and I am particularly looking forward to strengthening the strategic relationship with Redpoint Energy and growing our complementary capabilities and services.”
Mohamed Mansour, managing partner at Baringa commented: “The appointment of Jayesh comes at a significant time. Increasing volatility in the energy markets and massive investment in infrastructure, mean that organisations are increasingly looking to tighten operations to ensure full optimisation of vital resources. His experience in delivering performance-enhancing strategy solutions to assist clients in meeting these aims makes him an invaluable member of the team and we are delighted to welcome him as a partner.”
Duncan Sinclair, director of Redpoint Energy commented: “Jayesh has been a key player in the energy industry for many years and we are delighted that he is joining Baringa to head up its Energy Advisory Services. This is a great opportunity to marry his strategic thinking and client relationships with Redpoint’s leading market expertise and analytical capabilities. We are very much looking forward to working alongside him.”
Prior to Oliver Wyman, Parmar headed up Ernst & Young’s energy advisory team and holds B.Sc and Ph.D degrees in Chemical Engineering from Loughborough University.
