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Palash Kusumwal

Head of Investment Products at Vesto

Palash Kusumwal is a finance professional currently serving as the Head of Investment Products at Vesto, a position he has held since October 2022.1 Based in New York, Kusumwal has an extensive background in the financial services industry, with experience spanning investment banking, consulting, and fintech.

Professional Experience

Prior to joining Vesto, Kusumwal had a notable career at Credit Suisse, where he worked for over 8 years:

  • Director, Business Management (January 2018 - September 2022): He led a team driving business initiatives, capital management projects, regulatory operations, and technology solutions for various divisions including Credit, Equities, Fixed Income, and Capital Markets.1
  • Vice President (July 2014 - December 2017)1

Before Credit Suisse, Kusumwal worked as:

  • Senior Associate, Financial Services Strategy at PwC Consulting (2011 - 2014): He assisted financial services clients with restructuring, digital transformation, and risk/regulatory outcomes.1
  • Business Strategist at Dreamit Ventures (May 2010 - September 2010): Co-founder of Connect.Me, a video technology startup.1

Education

Kusumwal has a strong educational background:

  • Master of Science (M.S.) in Electrical Engineering from the University of Pennsylvania1
  • Graduate Coursework in Finance, Strategy & Operations from The Wharton School1
  • B.Tech in Communications Technology from the National Institute of Technology, Tiruchirappalli1

Skills and Achievements

Throughout his career, Kusumwal has demonstrated expertise in:

  • Investment banking
  • Business strategy
  • Financial services
  • Regulatory operations
  • Technology solutions in finance

He has also contributed to firm publications on credit derivatives, global economic growth, and gender equality in NYC startups.1

Palash Kusumwal's diverse experience in finance, technology, and strategy positions him well for his current role at Vesto, where he leads investment product development and strategy.

Highlights

Feb 19 · linkedin

🌟 One thing we do a lot at Vesto is talk to companies of all sorts and sizes all over the world. Sharing a fun little anecdote we hear from founders and CFOs over and over, that has led to our next big product bet!

Congrats CFO, you've crossed your first hurdle. There's a market for what your company is trying to sell, and you're now growing rapidly!

In a blink of an eye you now find yourself operating 3 different legal entities across 2 continents, and using 15 bank accounts across 4 different banks (these figures are understated btw, we spoke to dozens of mid-sized companies operating between 40 and 200 bank accounts).

Look, all this is just a natural part of running a business. But as a finance leader, you ask questions: How much cash does my company actually have right now? What has department X spent on payable Y last week? Why is it taking 5-7 business days for me to send money between two of my own accounts? Why are we still earning 0.01% APY in today's high interest rate environment?

Your banking partners aren't going to give you these answers, for one because your company is a small drop in their global customer ocean. Treasury software shops are selling you a dotcom-era 'system' with a hundred features you don't need, taking months to implement it, and charging fees that make your board's heart flutter. Adding an excel guy to your team could help, but costs money and time, and exposes you to manual errors and security risks.

As a finance leader you're one of the hardest working, most caring executives, and you do not deserve this.

What you deserve is Vesto. A single dashboard that'll help you:

💵 get a real-time view into all your cash balances and transactions activity globally, without all that reconciliation work 💵 move money internally from anywhere to anywhere, reliably, at lightning speed, without ever logging into any individual bank account 💵 automatically and securely earn a great money market yield whenever and wherever your cash sits idle

Sounds useful? DM me for a demo or intro me to your rockstar finance colleague!

May 22 · linkedin

🌟 New product incoming! Pumped to announce the launch of Vesto Pulse today to further help companies practice cash efficiency from day one.

Pulse supercharges finance teams with a single platform to aggregate and analyze balances, transactions, and cash flows across all their accounts in real time. An accurate pulse on financials, for clearer and decisive decisions.

Sounds useful? Sign up below or DM me for a quick demo with our team.

Related Questions

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Palash Kusumwal
Palash Kusumwal, photo 1
Palash Kusumwal, photo 2
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Experience

Head of Investment Products at Vesto (October 2022 - Present)
Director, Business Management at Credit Suisse (January 2018 - September 2022)

Education

Master of Science (M.S.), Electrical Engineering, University of Pennsylvania, Graduate Coursework, Finance, Strategy & Operations, The Wharton School, B.Tech, Communications Technology, National Insti

Location

Los Angeles Metropolitan Area