Dr. Prasad Pradhaan has joined PricewaterhouseCoopers (PwC) as Senior Partner & Leader, where he will spearhead the Global Risk Advisory practice. With a primary focus on the financial sector, including Banking, Financial Services, and Insurance (BFSI) and Global Capability Centers (GCCs), Dr. Pradhaan’s extensive expertise is set to elevate PwC’s risk advisory capabilities.
Bringing over 31 years of experience in the banking and financial sector, Dr. Pradhaan has honed his skills across various domains, including regulatory risk, compliance, enterprise risk management, and financial governance. His illustrious career spans key leadership roles at organizations like Bank of India, HDFC Bank, IDBI Bank and Citibank. At IDBI Bank, he was instrumental in conceptualizing the ‘Single Window Wholesale Banking’, while his tenure at Citibank saw him lead initiatives ranging from affluent client strategies to Global regulatory risk management.
During his two decades at Citigroup, Dr. Pradhaan successfully transitioned from business leadership roles to becoming a global leader in regulatory risk and controls. Notably, he served as the Global Senior Vice President and Global Outsourcing Controls Lead, overseeing enterprise risk management across multiple regions, including Asia, Europe, and North America. His contributions earned him commendable respect among global regulators and cemented his reputation as a leading expert in risk governance. Dr. Pradhaan’s global perspective was further enriched through immersive visits to Silicon Valley, where he engaged with senior leaders from top multinational corporations to understand disruptive innovations and talent mobility strategies.
In addition to his professional achievements, Dr. Pradhaan is a distinguished academician and mentor. He holds a PhD in Global Banking Resiliency and Enterprise Risk Governance from Sorbonne University in Paris, along with dual Master’s degrees in global executive leadership from Washington University in St. Louis and IIT Bombay. He was also one of the select few chosen for Harvard Business School’s prestigious Individual Leadership Program (ILDP), a testament to his commitment to leadership excellence. Dr. Pradhaan actively contributes to academia, mentoring graduate students and serving as a visiting faculty member at institutions in India and the United States.
Beyond his corporate and academic pursuits, Dr. Pradhaan is deeply committed to ESG initiatives, community building, and Corporate Social Responsibility. As a green lead for global ESG projects, he has driven environmental sustainability programs and championed financial inclusion and literacy initiatives. His contributions to the arts, classical music, and health awareness programs further reflect his diverse interests and dedication to societal development.
With this remarkable blend of professional acumen and passion for mentorship, Dr. Pradhaan’s appointment at PwC signals a significant step forward for the firm’s risk advisory practice. His wealth of experience and strategic vision are expected to drive innovation and growth, particularly in navigating the complex regulatory landscape of the financial sector.