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This is a profile from the 2022 version of the DataIQ 100.

The latest list is available here.

Hemanth Prabakaran, executive director, head data analytics and insights, Standard Chartered Bank, Singapore

What has been your path to power?

I started my career with one of the largest consulting organisations based in India, a dream company for many young graduates to this day. It was destiny that somehow landed me in the data and analytics team, but I am fortunate it happened as I was always intrigued about data and the opportunity to find patterns, gain insights and tell compelling data stories were fascinating to me. I also learned in this period the different processes to make sense of the data in a meaningful way while ensuring we are always mindful of the inherent blind spots.

 

Following which I worked in various data roles in the Australian banking sector and an industry-leading telco, as well as shipping companies in Europe. My global experience led me to Standard Chartered about five years ago, where I’ve been fortunate to build a world-class analytics team consistently driving client-centric analytics and insights in this digital age of banking.

Hemanth Prabakaran.jpg

What impact has the pandemic had on the role of data in your company/Organisation?

The pandemic accelerated the digital transformation that most organisations were on track to achieve. In the past three years, we have experienced a fundamental shifting how we work and play. For example, remote and hybrid teams have become the new norm. Fraud is on the rise as more of us are now online. Privacy continues to be a top priority for our clients and regulators alike.

 

At the bank, data and information have always been important to us. During this pandemic, we worked on many initiatives to support data-driven decision-making. One such initiative is MAYA, the bank’s first conversational digital assistant to search for answers and insights just like one would search for products in our preferred consumer app, making it easy for anyone in the bank to find answers to their own data questions.

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