Prashant Jagtap Email & Phone Number
Who is Prashant Jagtap? Overview
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Prashant Jagtap is listed as Head- Application at Poonawalla Fincorp, a with 6767 employees, based in Pune, Maharashtra, India. AeroLeads shows a matched LinkedIn profile for Prashant Jagtap.
Prashant Jagtap previously worked as Vice President-Digital Innovation at Poonawalla Fincorp and Deputy General Manager-Head-Mobile | Inet | Whatsapp Banking | UPI | IMPS and Payment Aggregator at Idbi Bank. Prashant Jagtap holds Master Of Science - Ms, Machine Learning And Ai from Liverpool John Moores University.
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About Prashant Jagtap
As a seasoned digital transformation leader with a focus on driving innovation in the financial services sector, I currently serve as Vice President of Digital Innovation at Poonawalla Fincorp. In this role, I lead the development of a cutting-edge super app and in-house digital lending journeys, leveraging AI to enhance customer engagement and implementing advanced account aggregator services to streamline lending decisions.Prior to this, I held the role of Deputy General Manager at IDBI Bank, where I was heading Mobile | Inet | WhatsApp banking along with payment systems like UPI and IMPS. I superheaded key initiatives in mobile and internet banking. My efforts contributed to a significant increase in the active mobile app user base, with monthly active users growing from 1 million to 4 million within just one year keeping app rating constistenly above 4.3/5.0. I also instrumental in introduction of the industry-first, award-winning in-app OTP generation (Softoken), reinforcing the bank's commitment to security and user experience. I also headed the complete automation of key systems like Exposure calculation , Income recognition and Asset Classification (IRAC) and Restructured Asset System (RAS). With 20 years of experience blending strategic leadership with technical expertise, I have consistently delivered impactful, secure, and innovative solutions that meet the evolving demands of the financial landscape. My passion lies in integrating technology with customer-centric solutions to drive growth, trust, and satisfaction. I am dedicated to staying ahead in the dynamic world of FinTech, continually exploring new ways to keep organizations competitive, innovative, and customer-focused.
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Prashant Jagtap work experience
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Vice President-Digital Innovation
CurrentWorking on super app and in-house PL/BL/pre-approved/top-up digital lending journeys, Integration of Account aggregator in loan decisioning , AI based customer engagement, revamp of website with Liferay & CMS and handling PMO function
Deputy General Manager-Head-Mobile | Inet | Whatsapp Banking | Upi | Imps And Payment Aggregator
• Headed implementation, customization and management of IDBI Bank's Mobile Banking, Whatsapp Banking, Retail Internet Banking, Corporate Internet Banking, Corporate Mobile Banking, IMPS, Omni Channel and Digital Branch channels.• Instrumental in launching of Next Gen IDBI GO Mobile app which lead to increase in the active user base of the app from 1 million to 4 million in one year keeping App rating consistently above 4.3/5.0 during the period.• Introduce Omni Channel Retail inet Banking and led the project of Branch automation based on the mobile banking architecture to provide Omni channel experience to the customer across the channels. • We launched industry first award winning most secured in-App OTP (Softoken) in our mobile app. Our IDBI GO-mobile app received almost 9 technology related awards during FY2022-23.• Co-ordination with various internals as well as external stakeholders for enhancement of existing product feature, customer journeys and security of channels.• Ensure compliance of various statutory guidelines including Digital Payment Security Policy of RBI• Manage the complete life cycle of the product starting from Business requirement finalization, understanding of the APIs, product development, User acceptance testing, Application security testing, roll out plan for end users, digital penetration of the digital products.• With Straight through process implementation of various functionalities of liability, asset and investment through mobile app, saved operational cost of the bank to the tune of more than 3000 man years.• Constant monitoring for uptime and latest cyber security trends for maintaining the uptime. Bank reported zero mobile banking frauds during the period.• Major projects handled - straight through Fixed deposit opening and closing, IPO Module, Smart investment, Insurance, Digital lending, Demat account opening, UPI , AI based customer enhancement, One view of all bank accounts in mobile app, In-App OTP (Softoken)
Assistant General Manager- It And Branch Banking
• Led the automation of key systems, including the Exposure Calculation System, Income Recognition and Asset Classification (IRAC) system and the Restructured Asset Classification (RAC) system at IDBI Bank. This led to automation of all important quarter and year-end financial reports and MOCs for audit purpose.• Played a pivotal role in ful automation of over 100 critical statutory returns, driving significant operational efficiency and compliance improvements for organisation.• Designed and developed MIS dashboard for all internal stakeholders to cater the adhoc MIS requirements and automating those reports subsequently.• Drive the project of Data dictionary, SOP for RBI returns automation and data cleansing project to maintain the data consistency across the organisation.
Manager - Branch Head And Credit Officer
Prashant Jagtap education
Master Of Science - Ms, Machine Learning And Ai
Master Of Technology - Mtech, Software Engineering
Master Of Science (M.Sc.), Genetics And Plant Breeding
Diploma, Treasury Risk And Investment Management
Frequently asked questions about Prashant Jagtap
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What company does Prashant Jagtap work for?
Prashant Jagtap works for Poonawalla Fincorp.
What is Prashant Jagtap's role at Poonawalla Fincorp?
Prashant Jagtap is listed as Head- Application at Poonawalla Fincorp.
Where is Prashant Jagtap based?
Prashant Jagtap is based in Pune, Maharashtra, India while working with Poonawalla Fincorp.
What companies has Prashant Jagtap worked for?
Prashant Jagtap has worked for Poonawalla Fincorp, Idbi Bank, and Bank Of Maharashtra.
How can I contact Prashant Jagtap?
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What schools did Prashant Jagtap attend?
Prashant Jagtap holds Master Of Science - Ms, Machine Learning And Ai from Liverpool John Moores University.
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