Mumbai, June 25 -- Rothschild & Co has appointed Aalok Shah as the head of global advisory for India, succeeding Chandresh Ruparel, the firm said in a statement on Wednesday.

Shah, who joined Rothschild in 2006, was named co-head of its India business last year. He has worked extensively across Mumbai and London. In his new role, he will lead the next phase for growth for Rothschild & Co's advisory business in India, the company said.

Ruparel will transition to the role of senior advisor after more than two decades of building Rothschild's India franchise. He will provide strategic counsel, mentor senior bankers, and continue to support key corporate client relationships, it added.

Rothschild & Co, a family-controlled and independent f...