Guest Info
Prabhakar Kaza is the dedicated CEO of Hamilton Reserve Bank and Elected Councillor of Elstree & Borehamwood. He has an impressive educational background, with a Masters in Nuclear Physics from Osmania University, Hyderabad, India, achieved in 1972. Later, he pursued a Masters in Financial Management at Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai, India, in 1985. Additionally, he holds a Diploma in Systems Management from JBIMS and is a Certified Associate of the Indian Institute of Banking (CAIIB).
Throughout his career, Prabhakar has achieved notable accomplishments. He was awarded the prestigious Lord Aldington Research Scholarship in 1985, focusing on researching frauds in the UK. During his tenure as head of SBI, London, he achieved a significant victory, winning the only case (USD 125m) against Deloitte & Touche, acting as liquidators of BCCI Bank, in the Royal Court of Justice London in 2003.
Prabhakar’s extensive work experience spans several prominent institutions. He joined the State Bank of India (SBI) in 1974 as a Probationary Officer and excelled in various segments, including Personnel, Computerisation, MIS, Corporate Accounts Group, Industrial Finance, and Retail Banking. He rose to the rank of General Manager in 2002 and served as General Manager for SBI, London, for three years until his early retirement in 2005. He then worked as a Relationship Director in Multicultural Banking at HSBC in Canary Wharf, London, in the Corporate/Commercial segment from 2005 to 2016.
Currently, Prabhakar holds two significant positions. Since March 2016, he has been self-employed as the CEO of KAZA Business Consultants Ltd, a company facilitating bank loans for UK companies. Additionally, since March 2019, he has served as the CEO and Board Member of Hamilton Reserve Bank Ltd, a retail bank established in the Caribbean island of Nevis, St. Kitts & Nevis.
With his diverse educational background, remarkable career journey, and current leadership roles, Prabhakar Kaza continues to contribute significantly to the banking and financial sectors.
About the Show
The cost-of-living crisis in Britain is a significant challenge, forcing families to make tough choices between basic needs. Some face the dilemma of choosing between food and heating their homes. Factors like a £40 billion budget deficit, tax increases, spending cuts, the Covid pandemic, and the war in Ukraine have significantly impacted the UK’s economy. It’s crucial to consider alternative viewpoints, with some attributing a substantial part of the crisis to fraud and negligence, adding to the burden on the population.
In this episode, Rajan Nazran addresses the daunting challenges confronting the UK, shedding light on valuable insights shared by Prabhakar Kaza, the esteemed CEO of Hamilton Reserve Bank. Prabhakar discusses corruption, the Commonwealth, his career, and the unique challenges that persist within the community.
The global Covid-19 pandemic has inflicted havoc upon economies worldwide, and Britain has not been spared. Rajan and Prabhakar discuss how the pandemic has caused significant disruptions across various sectors, resulting in job losses, reduced incomes, and soaring prices for essential goods. Consequently, the cost-of-living crisis is further exacerbated, directly impacting the accessibility and affordability of fundamental goods and services for ordinary citizens.
Prabhakar reveals a staggering revelation – over £20 billion has been lost to fraud and negligence. This colossal amount constitutes a major drain on the economy, and the burden falls heavily on the masses.
An advocate for the Commonwealth, Prabhakar emphasises the immense potential of collaboration and resource-sharing among member nations while shedding light on the unique challenges faced by the community, particularly in his focus areas.
Produced by Global Indian Series for the Global Indian Network.
Script by Rajan Nazran
original idea: Rajan Nazran
Introduction music: (https://freesound.org/people/SilverIllusionist)
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