Prakash Pathmanathan

CPA CA. Head of Finance, Head of Strategic Planning

Mississauga, Ontario, Canada

About

Over 20 years of international banking experience with retail and wholesale corporate banks, in senior executive leadership positions. Currently with RBC Canada. Prior to RBC, in a business development role as Head of Strategic Planning. Strong in strategy development and performance management systems. Established record of success in growing enterprise value. Hands on experience in regulatory reporting, and capital restructuring. Strong n International Financial Reporting Standards (IFRS) and US GAAP.

Experience

  • Manager Finance, Canadian Banking Personal Financial Products at RBC, Toronto
    Aug 2014 - Present · 12 yrs

    July 2017 – to date Canadian Banking Personal Finances – Manager Finance • Supporting Personal Finances Products (PFP) business line of RBC; total assets of $400 Billion, comprising mortgages, personal loans, and auto loans • Providing weekly mortgage growth report with roll-on/roll-off volume and spreads • Delivering financial and management reporting for PFP business by consolidating results for PF products and providing actionable matrices to grow business • Prepare financials relating annual plan, quarterly forecasts, monthly financials and for strategic planning purposes • Monitoring and reporting PFP project spending and business spends December 2016 – June 2017 Enterprise Wide Stress Testing ─ Project Controller and SME • Reviewed/produced deliverables to support Enterprise-wide Stress Testing and capital planning processes • Investigated/improved the overall program, given internal changes and regulatory requirements issued by OSFI • Reviewed/challenged stress testing methodologies, results and sensitivity analysis September 2015 – November 2016 RDARR Program ─ Project Controller and SME • $ 100 million program to align risk and finance ledgers • Lead finance work stream as subject matter expert for loans to validate risk ledgers to authorized finance sources • Reviewed risk, finance sources & OSFI regulations and presented strategy for validation of loan products between ledgers • Prepared and presented reports with analysis/recommendations to stakeholders to influence business decisions • Owned ‘business as usual’ processes for monthly validation and deliverables of the finance work stream August 2014 – August 2015 Regulatory & Financial Reporting (SRR) ─ Project Controller • Managed project to introduce revised Geographic Asset/Liability return in line with Bank of Canada guidelines • Collaborated with reporting units in different geographies addressing reporting issues and improve timeliness

  • Head of Strategic Planning at Ithmaar Bank
    Oct 2010 - Mar 2014 · 3 yrs 6 mos

    Ithmaar Bank is a publicly listed, retail/corporate bank, with subsidiaries and associates in Geneva, Hong Kong, and Qatar. Reported to CEO. Strategic Planning Division partners with the respective business lines to prepare a long term business plan and execution paths to meet the institution's strategic goals. Establishes strategies for business development, including M&As, based on market research and competitor analysis. The division also collaborates with IT, developing and setting up appropriate systems to measure business performance.

  • Chief Financial Officer at Shamil Bank
    Aug 2007 - Sep 2010 · 3 yrs 2 mos

    Shamil Bank was a retail bank with a dominant Investment Banking and Wealth Management (Private Banking) practice. It was a fully owned subsidiary of Ithmaar Bank. In April 2010, it merged with Ithmaar Bank, at that time a conventional Investment Bank.

  • Chief Financial Officer at BMI Bank
    Jun 2005 - Jul 2007 · 2 yrs 2 mos

    BMI is 49% owned by BankMuscat, Oman. The remaining held by the investment SPV's of the Governments of Oman, Bahrain and Dubai Previously a branch of ABN AMRO. Reported to CEO.

  • Head of Finance at DOHA BANK
    Dec 2004 - May 2005 · 6 mos

    Doha Bank is the second largest bank in Qatar. Reported to CEO.