Mayank Prakash
{{Short description|British tech business leader}}
{{Infobox person
| name = Mayank Prakash
| honorific_suffix = {{postnominals|country=GBR|size=100%|CBE|FBCS}}
| image =
| nationality = British
| education = Bachelor's Engineering Degree
Master's in Business Administration (Finance)
| alma_mater = Manchester Business School
Singularity University
Wharton Business School
| employer = Evelyn Partners
| known_for = Strategy and P&L Growth
| boards = Uber
Softcat
BCS
Evelyn Partners
| awards = CBE in New Year Honours List
UK Most Influential Leader
Wharton Fellow
CIO of the Year
| website = fca.org.uk
thegazette.co.uk
}}
Mayank Prakash (born 1973) is a business leader based in the United Kingdom. Awarded CBE{{Cite web |title=Mayank PRAKASH {{!}} Order of the British Empire {{!}} The Gazette |url=https://www.thegazette.co.uk/notice/4782779 |access-date=2025-03-17 |website=www.thegazette.co.uk}} in 2024 New Year Honours for services to the Tech industry, Computer Weekly magazine described him as "the most influential person in UK IT" in their 2017 awards.{{Cite web|url=https://www.computerweekly.com/news/450431212/UKtech50-2017-The-most-influential-people-in-UK-IT|title=UKtech50 2017 - The most influential people in UK IT|website=ComputerWeekly.com}} His track record of industry leadership, strategy and growth across industries includes current roles on the Boards of Uber{{Cite web |title=UBER LONDON LIMITED people - Find and update company information - GOV.UK |url=https://find-and-update.company-information.service.gov.uk/company/08014782/officers |access-date=2025-03-17 |website=find-and-update.company-information.service.gov.uk |language=en}} in UK, fast growing Softcat{{Cite web |title=Our People {{!}} Softcat |url=https://www.softcat.com/about-us/people |archive-url=http://web.archive.org/web/20250215090816/https://www.softcat.com/about-us/people |archive-date=2025-02-15 |access-date=2025-03-17 |website=Softcat |language=en}} and 14 wealth, insurance and fund services financial services entities.{{Cite web |title=NewRegister |url=https://register.fca.org.uk/s/individual?id=0034G00002qCjYHQA0 |access-date=2025-03-17 |website=register.fca.org.uk}}
Qualifications
Mayank Prakash holds an MBA from Manchester Business School,{{Cite web|url=https://www.alliancembs.manchester.ac.uk/about/ |title=MBS |Manchester Business School|website=www.alliancembs.manchester.ac.uk}} is a Wharton Fellow and an alumnus of Singularity University.
Career History
Mayank Prakash started his career as a graduate engineer trainee at the Hewlett-Packard. He worked in the HCL JV starting with the entrepreneurial Frontline Solutions start-up venture and was soon after selected to join the senior management trainee programme and deputed to incubate ERP implementation capabilities working with the Big Four accounting firms at HCL Tech.{{Cite web|url= https://www.hcltech.com|title=SMT Programme at HCL Hewlett Packard |HCL HP|website=www.hcltech.com}}{{failed verification|date=April 2024}}
Prakash was the international CIO of Avaya, then the group CIO of iSoft and later the CIO of Sage Group in UK.{{cite web
| url = http://www.computerweekly.com/blogs/it-networks-and-communications-blog/2008/05/the-futuristic-cio.html
| title = Sage's Futuristic CIO
| publisher = Computer Weekly
| accessdate = 2008-05-13
}} Prakash was hired by Morgan Stanley to lead the tech and data team of Morgan Stanley Wealth and Asset Management and as director of Morgan Stanley Advantage Services.{{cite web|url=http://www.morganstanley.com/press-releases/morgan-stanley-appoints-153-new-managing-directors_83fe0f49-490b-4a13-a023-8233635a7d99|title=Morgan Stanley new MDs|publisher=Morgan Stanley|accessdate=2014-01-23}}
In 2014, Prakash left Morgan Stanley to join the Department for Work and Pensions as the director general in charge of technology, replacing Andy Nelson.{{cite web|url=https://www.gov.uk/government/news/new-director-general-for-technology-at-dwp |title= Andy Nelson, UK Government CIO replaced by Mayank Prakash}} In this role, Prakash combines his predecessor's job as CIO with business transformation, security and data responsibilities, and worked directly for Sir Robert Devereux.{{Cite web|url=http://www.computerworlduk.com/news/it-management/dwp-replaces-cio-andy-nelson-with-director-general-for-technology-3543166/|title=DWP replaces CIO Andy Nelson with director general for technology|website=ComputerworldUK|language=en-GB|access-date=2016-03-26}} The large-scale impact{{Cite web |title=Departing DWP CDIO Mayank Prakash reflects on four years in the role |url=https://www.cio.com/article/200219/departing-dwp-cdio-mayank-prakash-reflects-on-four-years-in-the-role.html |access-date=2025-03-17 |website=CIO |language=en-US}} to launch digital services for 22 million users{{Cite web |last=High |first=Peter |title=The Most Influential Person In UK IT Discusses Digital Transformation |url=https://www.forbes.com/sites/peterhigh/2018/07/30/the-most-influential-person-in-uk-it-discusses-digital-transformation/ |access-date=2025-03-17 |website=Forbes |language=en}} to reduce UK's largest contact centre estate is widely covered from Forbes to CIO.com.
Subsequently, he joined FTSE100 Centrica as the chief consumer digital and information officer.{{Cite web|url=https://www.centrica.com/stories/2019/mayank-prakash-on-the-unicorn-project/|title=Unicorn thinking|website=www.centrica.com}}
He was selected as the President of the British Computer Society in 2022. The British Computer Society is the Chartered Institute for Technology. Prakash was the Chair of the Board and also led the Nominations and Remuneration Committee of the Trustee Board.{{Cite web |title=Mayank Prakash announced as President of BCS, The Chartered Institute for IT | BCS |url=https://www.bcs.org/articles-opinion-and-research/mayank-prakash-announced-as-president-of-bcs-the-chartered-institute-for-it/ |website=www.bcs.org}}
Current roles
As Centrica sold its North American business, Prakash was head hunted to join UK's largest wealth and professional services group Evelyn Partners managing professional services, digital wealth, fund services and core wealth lines of business. As the General Manager, Group Chief Operating Officer, he has led the market beating revenue and profit growth.{{Cite web |last=McQuaid |first=Darius |date=2025-02-13 |title=Evelyn Partners sees AUM reach all-time high of £63bn |url=https://www.moneymarketing.co.uk/news/evelyn-partners-sees-record-gross-inflows-in-q4-2024/ |access-date=2025-03-17 |website=Money Marketing |language=en}} Prakash is also the lead Executive Managing Director of UK's fast growing £11bn fund services business Evelyn Partners Fund Solutions Limited.{{Cite web|url=https://citywire.com/wealth-manager/news/tilney-sandw-coo-hands-over-to-tech-boss-after-11-year-reign/a1486092|title=Warburg Pincus hires FTSE 100 stalwart as Group COO}}
Prakash joined the board of Uber as a non-executive director.{{Cite web |date=April 5, 2022 |title=Uber's fully electric option expands to all of London |url=https://www.uber.com/en-GB/newsroom/ubers-fully-electric-option-expands-to-all-of-london/ |website=Uber Newsroom}} His impact{{Cite web |title=Mayank Prakash |url=https://www.gordoneden.co.uk/lessons-in-leadership/mayank-prakash/ |access-date=2025-03-17 |website=Gordon & Eden |language=en-US}} on Uber's market leading drive to 100% EV vehicles in London is accelerating electrification.{{Cite web |last=Lancefield |first=Neil |date=2024-05-20 |title=Uber offers £5,000 electric car grants for London drivers |url=https://www.standard.co.uk/business/business-news/uber-offers-ps5-000-electric-car-grants-for-london-drivers-b1158863.html |access-date=2025-03-17 |website=The Standard |language=en}} Prakash is a Director{{Cite web |title=Appointment of Non-Executive Directors – Company Announcement - FT.com |url=https://markets.ft.com/data/announce/detail?dockey=1323-16064037-0H4CKBEDVO5THK6VSIR1OKBH9T |access-date=2025-03-17 |website=markets.ft.com}} on the Board of Softcat, which continues to deliver market beating organic growth exceeding expectations.{{Cite web |title=Halifax – Market news |url=https://www.investments.halifax.co.uk/research-centre/news-centre/article/?id=17788318&type=bsm#:~:text=However%252C%2520operating%2520profits%2520improved%25209.3%25%2520to%2520%C2%A3154.1m%252C,operating%2520profit%2520growth%2520in%2520the%2520current%2520fiscal |access-date=2025-03-17 |website=www.investments.halifax.co.uk}}
Prakash is also the chair of WealthTech Advisory Council for PIMFA which represents managers of £1.6 trillion assets.{{Cite web |url=https://www.pimfawealthtech.com/about-us/advisory-council/ |title=Mayank Prakash to chair tech council for wealth industry managing 1.6 Trillion Pounds |PIMFA |website=www.pimfa.co.uk}}
References
{{DEFAULTSORT:Prakash, Mayank}}
Category:Chief executive officers
Category:Commanders of the Order of the British Empire
Category:Chief information officers
Category:Chief digital officers
Category:Alumni of the Manchester Business School
Category:Presidents of the British Computer Society