Mayank Prakash

Last updated
Mayank Prakash
NationalityBritish
EducationBachelor's Engineering Degree
Master's in Business Administration (Finance)
Alma mater Manchester Business School
Singularity University
Wharton Business School
Employer Evelyn Partners
Known forStrategy and P&L Growth
Board member ofUber
Softcat
BCS
Evelyn Partners
AwardsCBE in New Year Honours List
UK Most Influential Leader
Wharton Fellow
CIO of the Year
Websitefca.org.uk
thegazette.co.uk

Mayank Prakash (born 1973) is a business leader based in the United Kingdom. Awarded CBE [1] 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. [2] His track record of industry leadership, strategy and growth across industries includes current roles on the Boards of Uber [3] in UK, fast growing Softcat [4] and 14 wealth, insurance and fund services financial services entities [5] .

Contents

Qualifications

Mayank Prakash holds an MBA from Manchester Business School, [6] 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. [7] [ failed verification ]

Prakash was the international CIO of Avaya, then the group CIO of iSoft and later the CIO of Sage Group in UK. [8] 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. [9]

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. [10] 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. [11] . The large-scale impact [12] to launch digital services for 22 million users [13] 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. [14]

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. [15]

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 [16] . Prakash is also the lead Executive Managing Director of UK's fast growing £11bn fund services business Evelyn Partners Fund Solutions Limited. [17]

Prakash joined the board of Uber as a non-executive director. [18] His impact [19] on Uber's market leading drive to 100% EV vehicles in London is accelerating electrification [20] . Prakash is a Director [21] on the Board of Softcat, which continues to deliver market beating organic growth exceeding expectations [22] .

Prakash is also the chair of WealthTech Advisory Council for PIMFA which represents managers of £1.6 trillion assets. [23]

References

  1. "Mayank PRAKASH | Order of the British Empire | The Gazette". www.thegazette.co.uk. Retrieved 2025-03-17.
  2. "UKtech50 2017 - The most influential people in UK IT". ComputerWeekly.com.
  3. "UBER LONDON LIMITED people - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2025-03-17.
  4. "Our People | Softcat". Softcat. Archived from the original on 2025-02-15. Retrieved 2025-03-17.
  5. "NewRegister". register.fca.org.uk. Retrieved 2025-03-17.
  6. "MBS |Manchester Business School". www.alliancembs.manchester.ac.uk.
  7. "SMT Programme at HCL Hewlett Packard |HCL HP". www.hcltech.com.
  8. "Sage's Futuristic CIO". Computer Weekly . Retrieved 2008-05-13.
  9. "Morgan Stanley new MDs". Morgan Stanley . Retrieved 2014-01-23.
  10. "Andy Nelson, UK Government CIO replaced by Mayank Prakash".
  11. "DWP replaces CIO Andy Nelson with director general for technology". ComputerworldUK. Retrieved 2016-03-26.
  12. "Departing DWP CDIO Mayank Prakash reflects on four years in the role". CIO. Retrieved 2025-03-17.
  13. High, Peter. "The Most Influential Person In UK IT Discusses Digital Transformation". Forbes. Retrieved 2025-03-17.
  14. "Unicorn thinking". www.centrica.com.
  15. "Mayank Prakash announced as President of BCS, The Chartered Institute for IT | BCS". www.bcs.org.
  16. McQuaid, Darius (2025-02-13). "Evelyn Partners sees AUM reach all-time high of £63bn". Money Marketing. Retrieved 2025-03-17.
  17. "Warburg Pincus hires FTSE 100 stalwart as Group COO".
  18. "Uber's fully electric option expands to all of London". Uber Newsroom. April 5, 2022.
  19. "Mayank Prakash". Gordon & Eden. Retrieved 2025-03-17.
  20. Lancefield, Neil (2024-05-20). "Uber offers £5,000 electric car grants for London drivers". The Standard. Retrieved 2025-03-17.
  21. "Appointment of Non-Executive Directors – Company Announcement - FT.com". markets.ft.com. Retrieved 2025-03-17.
  22. "Halifax – Market news". www.investments.halifax.co.uk. Retrieved 2025-03-17.
  23. "Mayank Prakash to chair tech council for wealth industry managing 1.6 Trillion Pounds |PIMFA". www.pimfa.co.uk.