Fintech startup CredAble appointed Manu Prakash as Executive Director & Head – FI Coverage & Partnerships.
Manu is a seasoned trade finance professional and comes with over 16 years of experience in the banking industry, the statement said.
From working for major financial institutions like HSBC, Standard Chartered and ICICI to heading Trade and Product for Sumitomo Mitsui Banking Corporation (SMBC) Asia Pacific in India, Manu has always strived to create true financial inclusion, the statement added.
Delighted to start his new journey, Manu Prakash, Executive Director & Head – FI Coverage & Partnerships, CredAble stated, “My vision of creating financial inclusion across ecosystems truly matches at CredAble as the company provides the most comprehensive suite of working capital solutions in India, while getting the previously unbanked small businesses into the formal lending sector. CredAble understands that availability of working capital is scarce today, especially for small businesses who cannot provide collateral. Thus, with a monthly disbursement of more than INR 3,000 crores, CredAble is enabling tailor-made working capital solutions for small businesses and I am pleased to get an opportunity to leverage my experience in order to enhance the reach further.”
At CredAble, Manu will steer strategic partnerships across product portfolio and financial institutional coverage. He looks forward to this opportunity in building CredAble India’s largest working capital platform, a statement said.
Commenting on the appointment, Ram Kewalramani, Co-Founder and Managing Director, CredAble said, “”At CredAble, we leverage our technology, big data analytics and our trade finance expertise while partnering with capital providers to create India’s leading working capital platform. Manu’s expertise in the industry will help further expand CredAble’s reach to enable working capital across India Inc.”
Manu is an IIFT, Delhi alumnus and has done engineering from Delhi Technological University (NSIT) and is a CDCS qualified professional.
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