Praxis adds executive Sujan Sinha to financial services practice

25 November 2020 Consultancy.in
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Praxis Global Alliance has appointed industry veteran Sujan Sinha as a leader in its financial services practice.

Sujan Sinha brings over three decades of experience in banking and retail lending to the leading management consulting firm, amassed during a distinguished career across a number of leading players in the landscape. At Axis Bank (formerly UTI Bank), he set up the retail lending business and was part of the core team that led the formation of a joint venture NBFC as well as the bank’s strategic investments in other NBFCs and credit bureaus.

At Shriram Housing Finance, Sinha was part of the founding team and went on the lead the company for eight years. Under his direction, the financial services institution became a renowned player in the mid-market mortgage lending segment, providing affordable homeownership finance to the underserved segment of the population in Tier II & III centers of India. 

Praxis welcomes financial services veteran Sujan Sinha

Earlier in his career, he spent fourteen years at SBI across branch banking, forex exchange, and international banking. “Sujan’s track record within large and successful financial institutions will be a huge asset to our Financial Services practice,” said Shishir Mankad, who leads the industry vertical of Praxis Global Alliance. 

Commenting on his new challenge, Sinha said: “It is a great opportunity to be associated with Praxis. I look forward to a stimulating challenge to work, shoulder-to-shoulder with a multi-faceted, technologically, and intellectually leveraged consultancy like Praxis.”

Sujan specialises in banking engagements, with a focus on product development, sales model design, risk management, retail finance, treasury and operations. Alongside advising large institutions, he also has a track record consulting with startups and fintechs.

Madhur Singhal, Managing Director of Praxis Global Alliance, commented, “Financial services is a strategic area of focus for us, and we are excited to have Sujan become part of our network.”

Earlier this year, Praxis Global Alliance also hired Arun Thukral to the senior ranks of its Financial Services division.