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Prasad P Joshi

Prasad P Joshi

Modernize IT Procurement practices and build risk mitigating long term procurement strategies

National Payments Corporation Of India (NPCI)•Mumbai Metropolitan Region, India

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Experience26+ Years
LevelCXO

Executive Overview

Total experiance: 25 yrs Areas handled: 1) IT Procurememt - Sep 2004 till date 2) Audit & Assurance - Nov 2015 till date Dec 2017 Exposure: Pan India Procurements worth INR 7500 Crs+/ USD 1200 Mn till date covering software, hardware, resources, managed services, cloud hosting, AI/ ML, block chain, own DC build, colocation, open source, etc. Team size: 30 Direct reporting: CPO/CDO/CTO/ MD Key achievements: 1. Setting up of the IT procurement as strategic function with robust policies, procedures and supporting processes 2. Complete governance and alignment to business objectives 3. Collaboration with various stakeholder to facilitate strategic commercial decisions 4. Lead procurement transformation initiatives, processes and system improvements 5. Cost control and cost reduction initiatives while promoting cost conscious approach 6. MIS reporting, data analytics 7. End-to-end vendor management, contract negotiations 8. Leading and developing a team of dedicated sourcing professionals 9. Project management of various key IT initiatives for the institution from commercial perspective 10. DC build project (Civil plus IT) 11. Six Sigma Green Belt certification 12. Instrumental in developing homegrown web-based solution for organization wide end-to-end spend management system

Career Timeline

Professional employment history
  • NPCICurrent
    Jul 2026–Present· 2 mos
    • Head, Information TechnologyCurrent
      Jul 2026–Present
  • National Payments Corporation Of India (NPCI)Current
    Dec 2017–Present· 8 yrs 9 mos
    • Chief Strategic IT Procurement and Planning, NPCI GroupCurrent
      Apr 2025–Present
    • Deputy Chief Strategic IT Procurement
      Jul 2022–Mar 2025
    • Head Strategic IT Procurement
      Apr 2019–Jun 2022
    • Vice President IT Procurement
      Dec 2017–Mar 2019
  • NSE STRATEGIC INVESTMENT CORPORATION LIMITED
    Apr 2016–Dec 2017· 1 yr 8 mos
    • Chief Financial Officer
      Apr 2016–Dec 2017
  • NSE India
    Sep 2004–Dec 2017· 13 yrs 3 mos
    • Senior Manager, Information Technology
      Apr 2016–Dec 2017
    • Manager, Information Technology
      Apr 2010–Mar 2016
    • Assistant Manager
      Apr 2008–Mar 2010
    • Senior Executive Officer
      Sep 2004–Mar 2008
  • Tsr Darashaw Limited (Tata Share Registry Limited)
    2004–Jul 2004· 6 mos
    • Manager Payroll
      2004–Jul 2004
  • CMS COMPUTERS Ltd
    Apr 2003–Dec 2003· 8 mos
    • Senior Executive
      Apr 2003–Dec 2003
  • NSE.iT Limited
    May 2000–Apr 2003· 2 yrs 11 mos
    • Executive Officer
      May 2000–Apr 2003

Education

LEAD

Organizational Leadership

GFMB@S P Jain School of Global Management

Inspirational Leadership

Organizational Leadership

IMD

Lean six Sigma Green belt

Process improvement

The Lean Six Sigma Company

CA

Financial accounting and auditing

The Institute of Chartered Accountants of India

BCOM

Business/Commerce, General

Narsee Monjee College of Commerce and Economics

SSC

Business/Commerce, General

Paranjape Vidyalaya, Andheri

Master of Business Administration

Formación TIC UNA

Bachelor of Commerce

Mumbai University

Executive Relationship Map

Reports To
Prasad P Joshi
Vice Chair & President
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer

Executive Network Preview

BizKonnect has mapped this leadership network including reporting hierarchies, peer connections, and cross-functional relationships.

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Skills & Expertise

40 of 40 skills
IT Strategic PlanningDigitizationNetwork MigrationNISTExperienced Change AgentTeam LeadershipOpen-Source SoftwareCricketVendor ManagementERP ImplementationsFinancial Planning and Analysis (FP&A)Business AcquisitionRisk ControlProcure-to-PayBusiness StrategyEmergency technologiesTrackwizzPossess strong analyticalProcurement policySuccessful NegotiationTeam ManagementMicrosoft Dynamics 365Building Business RelationshipsProject ManagementE-procurementClinical Trial AnalysisOEM negotiationsContractual AgreementsPricing AnalysisCommunicationTeam BuildingBusiness Process ImprovementMicrosoft ExcelSoftware ProcurementAnalytical SkillsInterpersonal SkillsApplication MigrationsExecutive ManagementPurchase ContractsOperations Management