The cost-of-living crisis in Britain is a deep issue. Many families are being left with the harsh reality of whether to eat or heat their homes.
The fact is that Britain faces an eye-watering £40 billion budget hole that needs to be filled by tax rises and deep spending cuts. The UK Government blames Covid and the war in Ukraine.
According to my next guest however, over £20billion was lost to fraud and negligence. A bill that is now being paid by the masses.
Today I am joined by Prabhakar Kaza, CEO of Hamilton Reserve Bank and Elected Councillor of Elstree & Borehamwood, who lifts the lid on the genuine issues facing the UK. We discuss corruption, the Commonwealth, his career and the unique challenges that our community still face.
About Prabhakar Kaza
Educational Qualifications
1.Masters in Nuclear Physics (1972), Osmania University, Hyderabad, India.
2.Masters in Financial Management, Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai, India. (1985)
3.Diploma in Systems Management, JBIMS 4. CAIIB(Certified Associate of Indian Institute of Banking)
Additional information
1.Lord Aldington Research Scholar (1985). Subject of Research-Frauds in UK.
2.As head of SBI, London won the only case (USD 125m) won against Deloitte & Touche (as liquidators of BCCI Bank) in the Royal Court of Justice London(2003).
Work Experience
1.State Bank of India (1974-2005). Joined as Probationary Officer. Segments worked--Personnel/ Computerisation/MIS/ Corporate Accounts Group/Industrial Finance/Retail Banking. Promoted to the rank of General Manager in 2002. After being General Manager for UK , SBI, London for three years, retired early in 2005.
2.HSBC—Relationship Director, Multicultural Banking, Canary Wharf, London (2005-2016) in Corporate/Commercial segment.
Present Positions
1.From March 2016 -self-employed - KAZA Business Consultants Ltd which facilitates Bank loans for UK Companies.
2.From March 2019 CEO/Board Member of Hamilton Reserve Bank Ltd (a Retail bank) established in the island of Nevis, St.Kitts & Nevis, Caribbeans.
About the Global Indian Series:
My name is Rajan Nazran Chief Explorer for the Global Indian Series, the official platform for people of Indian origin (PIO) and liberal minds, because let’s face it, we are everywhere!
For over 15 years I have travelled across the globe deep diving into 60+ countries whilst exploring the kaleidoscope of our remarkable 50 shades of brown community.
Voyaging to the edges of the Amazon, facing Ebola in West Africa, being held hostage in Eastern Europe, tapping rubber in Malaysia, drinking chai with Heads of State and sharing laughter with local fishermen – I have been there, looking for the ideas that re-shape a nation.
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Episode: 143
Presenter – Rajan Nazran
Producer –Global Indian Series/NazranRoth
Guest: Prabhakar Kaza
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