FTI Consulting Appoints Respected Energy Veteran Kumar Padisetti as Senior Managing Director in Australia

Rhea-AI Summary

FTI Consulting (NYSE: FCN) has appointed Kumar Padisetti as Senior Managing Director in its Economic Consulting segment in Melbourne. With over 20 years of expertise in energy markets, Padisetti aims to enhance local capabilities and client offerings. Previously at Deloitte Access Economics, he focused on energy advisory. His appointment reflects FTI's commitment to expanding its Economic & Financial Consulting practice in Australia. Robert Southern and Mark Dewar, senior leaders at FTI, expressed confidence that Padisetti's leadership will strengthen the firm's presence in the energy sector.

Positive

• Appointment of Kumar Padisetti as Senior Managing Director, enhancing leadership in Economic Consulting.
• Padisetti brings over 20 years of experience in energy markets, which may improve FTI's service offerings.
• Strategic move to expand FTI's capabilities in the energy sector in Australia.

Negative

• None.

MELBOURNE, Australia, Oct. 05, 2021 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of energy expert Kumar Padisetti as a Senior Managing Director in the Economic Consulting segment, based in Melbourne.

With over 20 years of experience, Mr. Padisetti has deep expertise in market design and reform, project development, and commercial advisory across energy and carbon markets and renewables. Over his career, he has held senior positions with large energy companies in Australia and New Zealand and has built a strong reputation as a strategic advisor to senior leaders in the energy sector.

Mr. Padisetti joins from Deloitte Access Economics, where he built a leading energy advisory practice focused on assisting clients as they navigate Australasia’s energy markets. Prior to Deloitte, Mr. Padisetti was a partner at Saha International, where he was responsible for the Energy and Resources practice in Australasia. 

Commenting on the appointment, Robert Southern, a Senior Managing Director and Head of Australia Economic & Financial Consulting at FTI Consulting, said, “We are delighted to have Kumar join our Economic & Financial Consulting practice. His extensive experience and knowledge of the energy sector combined with his commercial and financial acumen and technical expertise will enhance our local capabilities and offering to our clients.”

Mark Dewar, a Senior Managing Director and Australia Leader at FTI Consulting, added, “Kumar’s appointment supports our firm’s commitment to growing our Economic & Financial Consulting practice in Australia and to further expand our leading energy practice. His deep sector expertise, market knowledge and strong leadership skills will significantly enhance our firm’s offering to clients across Australia and beyond.”

Commenting on his appointment, Mr. Padisetti said, “FTI Consulting has established itself as a world leader in energy market advice. The team has contributed to some of the most transformative energy projects globally, and I look forward to supporting the ongoing growth of the business in Australia and working with its global network of energy experts to drive the continuing energy transition in our region.”

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 6,400 employees located in 29 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $2.46 billion in revenues during fiscal year 2020. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalised and independently managed. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.

FTI Consulting, Inc.
Level 21, Bourke Place
600 Bourke St,
Melbourne VIC 3000
Australia
+61.3.9604.0600

Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com

Media Contact:
Rebecca Hine
+1.61.7.3225.4972
rebecca.hine@fticonsulting.com 

FAQ

Who is Kumar Padisetti and what is his role at FTI Consulting?

Kumar Padisetti has been appointed as Senior Managing Director in the Economic Consulting segment, focusing on enhancing FTI's energy consulting capabilities.

What experience does Kumar Padisetti bring to FTI Consulting?

Padisetti has over 20 years of experience in energy markets, previously leading an energy advisory practice at Deloitte Access Economics.

How does Kumar Padisetti's appointment impact FTI Consulting's strategy?

His appointment supports FTI's commitment to grow its Economic & Financial Consulting practice and expand its energy sector presence in Australia.

When was Kumar Padisetti appointed at FTI Consulting?

The announcement was made on October 5, 2021.