Prakash began his career in accountancy with Ernst & Whinney (later Ernst & Young) Chartered Accountants, Gibraltar in 1988, with whom he qualified as a Chartered Certified Accountant.
He has audited leading Gibraltar businesses in the shipping, financial services, distribution and banking sectors as well as Public Sector Agencies. In 1999 Prakash joined Republic National Bank of New York, Gibraltar as Financial Controller.
In 2000, Prakash was invited to join Saccone & Speed (Gibraltar) Limited as Finance Manager and was appointed to the Board as Financial Director in 2002 and was appointed Company Secretary in 2005. Prakash has served as the Managing Partner for the Gibraltar Duty Free Shops since 2002. In 2007, Prakash was appointed Managing Director of Amalgamated Builders’ Merchants Limited and later its’ Chairman in 2017. In 2022, Prakash was appointed Group Managing Director. Prakash is also a Director of the Group’s holding company, Saccone & Speed Holdings Limited, having been appointed to its’ Board in 2005.
Prakash is a Fellow of the Association of Chartered Certified Accountants and of the Chartered Management Institute and Member the Association of Accounting Technicians. In March 2007, Prakash was awarded a Masters in Enterprise Management from the University of Durham. In June 2017, Prakash was awarded the Financial Times Level 7 Diploma for Non-Executive Directors. The Governor of Gibraltar appointed Prakash a Justice of the Peace for Gibraltar in 2010 and in April 2013, the Judicial Services Commission appointed Prakash as a Lay Assessor under the Supreme Court Act.