- A veteran banker with four decades of experience across Banking Operations, Internal Audit, Risk Management, Information Technology, Compliance, Credit Management and FOREX Operations, Mr. Sathyananda Prabhu to lead as the Head of Internal Audit
Bengaluru/Mumbai: April 07, 2022: Ujjivan Small Finance Bank has appointed industry veteran Mr. Sathyananda Prabhu as the Head of Internal Audit. He will be responsible for guiding the bank’s growth strategy while leading the Internal Audit functions.
Mr. Prabhu is a highly accomplished senior banking professional, with extensive experience in diverse areas encompassing Commercial / Corporate Banking, Credit Delivery, Risk Management, IT & Operations, Risk-Based Internal Audits (RBIA), IS Audit, Vigilance & Fraud investigation, FOREX and Treasury Operations.
Mr. Prabhu joins Ujjivan SFB from Equitas Small Finance Bank, where he was the Executive Vice President, spearheading the Internal Audit, Fraud Reporting and Vigilance Functions. His role also involved guiding other functions through audits, and deliberations in numerous executive and Board committees.
During his eight-year stint at Lakshmi Vilas Bank, Mr. Prabhu played a vital role in carrying out branch, management, credit, thematic and forensic audits. He also was instrumental in implementing Risk Based Internal Audit (RBIA), and automating functions like AML, internal Audit, concurrent audit, and compliance. His earlier stints were with Auditime Information Systems Limited and Canara Bank.
Mr. Ittira Davis, MD and CEO of Ujjivan Small Finance Bank, said: “The appointment of Mr. Prabhu further strengthens the audit team at Ujjivan SFB. His vast experience in audit and vigilance expertise across various banking domains bodes well for Ujjivan SFB in its journey to being the preferred and the most trusted retail mass-market bank.”
Mr. Sathyananda Prabhu has done his Master’s in Banking and Finance and is a LLB, CAIIB, CISA and CGEIT.
