Rothschild & Co elevates Aalok Shah as Head of Global Advisory India

Mumbai: Rothschild & Co on Wednesday said it has elevated Aalok Shah to the Head of Global Advisory for India, succeeding Chandresh Ruparel, who will transition into a senior advisory role after leading the firm's business for more than two decades.

Shah, who joined Rothschild & Co in 2006 and has worked across its London and Mumbai offices, was appointed Co-Head of India in 2024. In his new role, he will lead the firm's next phase of growth for Rothschild & Co's advisory business in India, it said in a statement.

The firm credited his deep client relationships, strategic vision, and long-standing commitment as key to his elevation.

Chandresh Ruparel, who has led Rothschild & Co’s India advisory business for 22 years, will continue with the firm as Senior Adviser for one year. In this role, he will offer strategic counsel, mentor senior bankers and continue to support key corporate client relationships.

Rothschild & Co boasts the largest advisory-focused team among global investment banks in India, with a team of over 30 experienced bankers. The firm has also expanded its services in India by offering equity capital markets (ECM) advisory, further solidifying growing presence and strategic importance in the country.

Paris-based Rothschild & Co is a family-controlled and independent group and has been at the centre of the world's financial markets for over 200 years.