Sumit Pasricha
About Sumit Pasricha
Sumit Pasricha serves as the Managing Director for MENA and India at Uplinq and as Senior Vice President at Ideanomics, focusing on fintech and electric vehicle strategies in the Middle East. With a background in finance and extensive experience in corporate banking, he actively contributes to sustainability and economic diversification in the Gulf region.
Work at Uplinq
Sumit Pasricha has served as the Managing Director for MENA & India at Uplinq since 2021. In this role, he operates from Dubai, United Arab Emirates, overseeing the company's strategic initiatives and operations in the region. His responsibilities include driving growth and fostering partnerships within the fintech ecosystem.
Current Role at Ideanomics
Since 2022, Sumit Pasricha has held the position of Senior Vice President and Head of Middle East at Ideanomics. He is based in Dubai, United Arab Emirates, where he leads efforts to expand the company's presence and influence in the Middle Eastern market.
Education and Expertise
Sumit Pasricha has a diverse educational background. He studied at The London Institute of Banking & Finance, earning a BSc Hons in Financial Services from 2006 to 2008. He is also a Chartered Accountant, having studied at The Institute of Chartered Accountants of India from 1997 to 2000. Additionally, he holds a Bachelor of Commerce (Hons) from Delhi University, which he completed from 1994 to 1997.
Professional Background
Sumit Pasricha has extensive experience in the financial services sector. He worked at HSBC Bahrain as an Account Relationship Manager for Corporates from 2000 to 2002 and later as a Senior Relationship Manager from 2002 to 2005. He served at BNP Paribas UAE in various roles, including Head of Corporate Unit from 2005 to 2011 and Head of Commercial Coverage from 2011 to 2018. Before joining Uplinq, he was the Director of Business Development at Falcon Group from 2018 to 2021.
Contributions to Fintech and Sustainability
Sumit Pasricha is actively involved in incubating and accelerating fintech startups that focus on SME financing and marketplace solutions in the GCC region. He emphasizes developing strategies to promote the commercial adoption of electric vehicles in the Middle East and contributes to sustainability and economic diversification goals by integrating vehicles, charging, and energy solutions with financial services.