NewDay India appoints new CEO

An MBA from The Wharton School, University of Pennsylvania with majors in Operations and Finance, Abhishek Prakash graduated as a silver medalist from IIT Kharagpur

Hyderabad: NewDay USA, VA mortgage player on Wednesday announced the hiring of Abhishek Prakash as CEO of its Indian subsidiary, NewDay India, headquartered in Hyderabad. NewDay India is a key software development and support partner to NewDay USA enabling automation of its mortgage operations.

An MBA from The Wharton School, University of Pennsylvania with majors in Operations and Finance, Prakash graduated as a silver medalist from IIT Kharagpur. He most recently was the Software Operations Manager for WesternGeco (a Schlumberger company), the world’s leading oil field solutions provider. He was responsible for building and managing software operations for all of the company’s North American clients, and has managed employees from over 40 countries. He also has extensive experience in leading operations across six continents.

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Rob Posner, founder and CEO, NewDay USA, said, “His experience in operations, strategy, business development and building teams over 13 years at Schlumberger will be a valuable addition to NewDay. As CEO of NewDay India, he will play an important role in the growth of both NewDay USA and NewDay India.”

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