Prabhat is a seasoned international development professional with twenty years of deep experience in livelihoods, financial inclusion and enterprise development sectors. Currently, as CEO of Grameen Foundation India, Prabhat provides strategic leadership to GF India, including Organizational strategy and performance, External relationships and representation, stewardship of resources, board processes, statutory compliances and program quality. He also has the dual role as the CEO for Grameen Foundation for Social Impact (GFSI), a wholly owned not for profit subsidiary of GFI.
Prior to this, Prabhat worked for “The MasterCard Foundation”, Canada where he managed a US$ 100 million portfolio of programs to facilitate access to saving services for low-income communities across eighteen countries in Africa, reaching several million clients. Prabhat has established and managed partnership with Banks, NGOs, UN Agencies and Fintech companies towards the common objective of designing accessible, affordable and appropriate financial services to effectively serve low income populations. A key focus of his work has been to address the needs of populations facing exclusion on account of being too poor or being too far from financial institutions and design strategies for their inclusion. Prabhat has a post graduate degree in Management and brings deep domain knowledge and understanding of the financial sector, enterprise development, and microfinance investment.
About Grameen Foundation India (GFI)
Grameen Foundation India (GFI) is a social business which works in partnership with organizations that aims to solve problems of the poorest sections of society and offers them consulting and financial services. Our parent organization, Grameen Foundation USA, is a non-profit organization, headquartered in Washington DC, and was founded in 1997 by friends of Grameen Bank to help spread the Grameen philosophy worldwide and to share the ideas of 2006 Nobel Peace Laureate Professor Muhammad Yunus, founder of Grameen Bank in Bangladesh. Our mission is to ‘Enable the poor, especially women, to create a world without hunger and poverty.’
GFI provides strategic and technical expertise to leading social enterprises, financial service providers and technology providers to extend financial information and services to underserved communities, especially women. Grameen Foundation India works towards tackling multiple dimensions of the complex problems of poverty. Identifying solutions that build on the strengths of the poor, GFI puts technology to work, thus strengthening resilience and food security, increasing incomes, enhancing health, and building financial security for the poor.
GFI is working on a number of projects across India, creating a significant positive impact in bridging the gap in the financial inclusion space by acting as a bridge for end beneficiaries to get access to a variety of formal financial services.