Prashant Thakkar
About Prashant Thakkar
Prashant Thakkar is a Senior Middle Level Manager at IndusInd Bank with 24 years of experience in the financial sector, specializing in Exchange Clearing Cell, Loan Against Securities, and Depository Participant modules. He holds a Bachelor in Commerce from Mumbai University and has expertise in process re-engineering, currency derivatives, and anti-money laundering projects.
Work at IndusInd Bank
Prashant Thakkar has been employed at IndusInd Bank since 2000, serving in a Senior Middle Level Management role for 24 years. His responsibilities include overseeing various financial operations and ensuring compliance with banking regulations. Thakkar specializes in Exchange Clearing Cell (ECC), Loan Against Securities (LAS), and Depository Participant modules for NSDL and CSDL. His long tenure at the bank reflects his commitment to the financial sector and his ability to adapt to evolving market conditions.
Education and Expertise
Thakkar studied at Mumbai University, where he earned a Bachelor in Commerce with a focus on Computers and Taxation. His educational background provides a solid foundation for his extensive experience in the financial industry. He possesses expertise in exchange-traded currency derivatives and the Portfolio Investment Scheme (PIS). This knowledge supports his role in managing complex financial products and services.
Background
Prashant Thakkar has a strong background in process re-engineering, particularly within the capital and commodity market division. His experience includes working on projects related to Anti Money Laundering and integrating utilities with core banking systems. He is also knowledgeable in the application supported by blocked amount (ASBA) processes, which are essential for managing investor transactions.
Achievements
Throughout his career, Thakkar has demonstrated strong negotiation skills and has effectively liaised with vendors, competitors, statutory bodies, regulators, and internal customers. His ability to communicate and negotiate effectively has been vital in fostering relationships and ensuring compliance within the financial services industry.