Ashay Prabhu

International Advisor, GFOA (CEDCP)

Ashay Prabhu

Ashay is a dedicated professional who has devoted the past 25 years to the advancement of long-term asset management strategies. His expertise spans across investment models and lifecycle strategies tailored for government entities at various levels—federal, state, and local. What sets him apart is his profound grasp of strategic asset management, a concept he introduced to Australia's government sector over two decades ago.

A true visionary, Ashay's journey led him to co-found APIGAM in 2003, the Asia Pacific Institute of Good Asset Management. This innovative institution, headquartered in Kuala Lumpur, Malaysia, emerged as a collaboration between Ashay and Dr. Penny Burns through the United Nations Development Programme. APIGAM has significantly contributed to the evolution of asset management practices across the Asia Pacific region.

Additionally, Ashay played a pivotal role in co-founding Assetic in 2006, Australia's pioneering strategic asset management platform for government agencies. This groundbreaking initiative further solidified his status in this field, as Assetic revolutionized how government entities approach asset management. Assetic enabled government agencies worldwide to shift from reactive to proactive asset management, in most cases unlocking millions in hidden value.

Currently, Ashay stands as an international advisor to the Government Finance Officers Association (GFOA). This prestigious association, known for its acronym, GFOA, plays a vital role in shaping the landscape of government financial management. Within this role, Ashay is deeply involved in the development of best practice policies and guidelines that encompass strategic asset planning, financial budgeting, long-term asset management, and climate analysis within the government sector.

Ashay's unwavering passion lies in enhancing the capacity and capability of government entities. His vision extends beyond immediate horizons, aiming to empower governments to undertake 25, 30, and even 50-year analyses of their long-term infrastructure management. Through his tireless efforts, Ashay continues to make invaluable contributions to the field, leaving an indelible mark on strategic asset management within the government sector.