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Devesh Prakash

Partner at EY Financial Accounting Advisory Services

Dr. Devesh Prakash is a highly accomplished professional with a diverse educational background and extensive experience in finance and accounting. He holds a PhD in Stock Market Operations from the University of Allahabad, a Master of Business Administration (MBA) in Finance & Control from the University of Lucknow, and is a Certified Public Accountant (CPA) specialized in US GAAP Accounting certified by the Colorado State Board of Accountancy. Additionally, he has obtained an IFRS Certification from the Institute of Chartered Accountants in England and Wales, and a Chartered Management Accountant in Cost & Management Accountancy from the Institute of Cost Accountants of India. His educational journey also includes a Bachelor's in Business from the University of Allahabad.

Highlights

Aug 21 · linkedin

Global Capability Centres (GCCs) are expanding their footprint into emerging cities, including Ahmedabad, Pune, Vadodara, Mangaluru, Coimbatore, and Chandigarh. This phenomenon would solve national problem of geopolitical concentration.

Most of these locations have good educational institutions. The local talent pool is less transient than in larger cities, reducing turnover and recruitment costs.

#gcc #bharat #economicsurvey #ey #cio #cto #cfo

Aug 17 · linkedin

Global Capability Centres (GCCs) have evolved into tech powerhouses, seamlessly integrating with their parent enterprises and becoming strategic assets providing access to digital talent at scale.

The latest Economic Survey was upbeat about the future of GCCs. By 2030, the Survey projects, GCCs will contribute a total revenue of $121 billion - roughly 3.5% of India's current GDP. Of this, $102 billion will come from exports.

Arindam Sen, EY said roles like CIO, CTO, chief financial officer, chief procurement officer will be increasingly based out of India. "People from these centres are growing within the organisation and assuming these roles. Either the role itself sits here or people selected from these centres as part of their talent strategy are eventually taking up those roles."

#gcc #bharat #economicsurvey #ey #cio #cto #cfo

Devesh Prakash
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Location

Bangalore Urban, Karnataka, India