Nirmal Ramesh Shani takes charge as managing partner at MarketsandMarkets
- Nirmal Ramesh Shani has been appointed as Managing Partner at MarketsandMarkets.
- He brings over 23 years of experience in various reputable organizations and has a background in exporting Indian handicrafts.
- This leadership move is anticipated to strengthen the company's capabilities in addressing transformations in the global energy sector.
On November 26, 2024, MarketsandMarkets, the only Indian-origin startup in the Forbes list of 'America's Best Management Consulting Firms 2023', announced the appointment of Nirmal Ramesh Shani as Managing Partner in Dubai. Shani, who previously worked at S&P Global, will lead the company's real-time megatrend disruption impact platform targeting the global energy sector. His extensive background includes over 23 years of experience with reputed organizations like IHS Markit, Dun & Bradstreet, and the Times of India. Nirmal also has a history of contributing to his family business by exporting Indian handicrafts to both Japan and the USA. Sandeep Sugla, Founder and CEO of MarketsandMarkets, expressed confidence that Shani's leadership will enhance their capacity to meet customer demands amid substantial transformations in the global energy, power, chemical, material, and industrial sectors. The firm anticipates around USD 25 trillion being generated from new revenue streams by 2030 as industries navigate megatrends such as AI, clean technology, blockchain, and IoT, thereby shifting the current revenue models of both their clients and associated partners. Milan Rao, COO and CRO, mentioned that the addition of Shani to the team aligns perfectly with their mission to expand the reach of their AI-enabled platform, KnowledgeStore, and consulting capabilities to over 13,000 global clients. He highlighted that Shani’s expertise would significantly contribute to MarketsandMarkets’ influence in the energy and ESG sectors across the globe. Nirmal has a strong commitment to energy and sustainability. His previous noteworthy contributions at S&P Global include the establishment of significant platforms such as the CERAWeek Asia Pacific Energy Forum in Houston and partnerships with PETRONAS and Japan's Ministry of Economy, Trade and Industry for key energy initiatives. He expressed excitement at joining MarketsandMarkets, emphasizing the unique analytical capacity of their platform to address disruptions impacting the global energy and industrial landscape in real time.