Mr. Alok Prasad, is a veteran banker and the founder CEO of Microfinance Institutions Network, (MFIN),India (2010-2015). He has held senior positions across institutions ranging from the Reserve Bank of India (RBI) to Citibank. As a member of the start-up team of the National Housing Bank (NHB), Mr. Prasad was closely involved with the policy formulation for development of the housing finance sector.
Seamlessly straddling the government/regulatory world with that of the private sector, Mr. Prasad successfully steered the microfinance industry through its crisis phase. The subsequent main streaming of MFIs and their integration into the national financial architecture has been an outcome of the advocacy work done by MFIN, under his leadership. Passionate about financial inclusion and regulatory issues, Mr. Prasad has worked closely with the RBI, the Government and the Microfinance industry for development of an appropriate policy framework for promoting access to finance in India.
Mr. Prasad also served as the Chairperson of the South Asian Microfinance Network (SAMN) for the period 2013-15. Regarded as an expert and ‘go to’ person for financial inclusion and mortgage lending,
Mr.Prasad is currently connected with a number of Banks/Financial institutions, in an advisory capacity.Back