
NewDay USA announced it has hired Abhishek Prakash as CEO of its subsidiary, NewDay India, headquartered in Hyderabad, Telangana, India.
“Abhi’s experience in operations, strategy and business development, and building teams over the past 13 years at Schlumberger will be a valuable addition to NewDay,” said NewDay USA Founder and CEO Rob Posner.” As CEO of NewDay India, he will play an important role in the growth of NewDay USA and NewDay India.”
Most recently, Prakash was the Software Operations Manager for WesternGeco, a Schlumberger company–the world’s leading oil field solutions provider, and an S&P 100 firm. At WesternGeco, he was responsible for building and managing software operations for all of the company’s North American clients.
Prior to that, Abhishek served as WesternGeco’s North America Business Development Analytics Manager and managed the Global Training Center for 700 employees worldwide. During his career at WesternGeco, Abhishek managed employees from over 40 countries.
Prakash recently completed an MBA from The Wharton School, University of Pennsylvania. Before joining Schlumberger, Prakash graduated as a silver medalist from IIT Kharagpur, recognized as an Institute of National Importance.
“It’s a privilege for me to join the NewDay India team,” Prakash said. “NewDay India, like NewDay USA, offers all its team members the opportunity to serve a noble purpose of serving service members and veterans. I am proud to join a company that is willing to invest in the careers of its employees.”
Established in 2019, NewDay India is a key partner to NewDay USA to automate and assist with mortgage services support functions for software development and the support functions of its mortgage operations.
NewDay USA is a VA mortgage lender focused on helping active service members, veterans, and their families achieve homeownership and a financial plan for their future. The company was named a Best Military Lender by National Mortgage Professional.
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