Abhishek Prakash to head NewDay India, the Indian subsidiary of NewDay USA

NewDay USA, one of USA’s leading VA mortgage players today announced the hiring of Abhishek Prakash as CEO of its Indian subsidiary, NewDay India, headquartered in Hyderabad. Established in 2019, NewDay India is a key software development and support partner to NewDay USA enabling automation of its mortgage operations. NewDay USA is dedicated to making homeownership possible for all of the United States’ servicemen and women, veterans and their families.

About Abhishek Prakash

An MBA from The Wharton School, University of Pennsylvania, as a Palmer Scholar (top 5% of the class) with majors in Operations and Finance, Abhishek Prakash graduated as a silver medalist from IIT Kharagpur. He most recently was the Software Operations Manager for WesternGeco (a Schlumberger company), the world’s leading oil field solutions provider and an S&P 100 firm. Abhishek was responsible for building and managing software operations for all of the company’s North American clients and has managed employees from over 40 countries. He also has extensive experience in leading operations across six continents.

In his comments, Rob Posner, Founder and CEO, NewDay USA, said, “Abhishek’s experience in operations, strategy, business development and building teams over 13 years at Schlumberger will be a valuable addition to NewDay. As CEO of NewDay India, he will play an important role in the growth of both NewDay USA and NewDay India.”

On his new role, Abhishek Prakash, CEO, NewDay India, said, “It’s a privilege for me to join the NewDay India team. NewDay India, like NewDay USA, offers all its team members the opportunity to serve service members and veterans. Am proud to join a company that truly invests in the careers of its employees.”