Soumak is a partner within Deloitte’s Financial Services team in Toronto and leads the firm’s Canadian payments and digital assets practice. He has over a decade of consulting experience assisting clients drive business value through new disruptive products, services and partnerships leveraging his deep expertise at the intersection of innovation, business and technology from strategy to execution.
Soumak’s experience in payments spans credit cards, debit (Interac), prepaid, e-commerce, real-time payments, Apple pay, transit payments and cross-border FX money movement. Soumak is currently leading Deloitte’s efforts in supporting the Canadian banking industry in their advocacy efforts and driving delivery on the Canadian Payments Modernization regulatory mandate at large banks and networks.
Soumak also leads Deloitte’s blockchain & digital assets team, a group of specialists engaged in assisting clients understand and apply distributed ledger technology and digital assets to their business models, technology infrastructure and operating processes. He is experienced in leading executive, board-level discussions on blockchain & digital assets. He also has hands-on experience delivering multiple blockchain projects across financial services, government and healthcare sectors. He is a published author with the World Economic Forum on the ‘Future of Financial Infrastructure’, and is a frequent speaker on the role of emerging technologies and disruptive business models in financial services.
He is an M.B.A (Bregman Scholar) from the Rotman School of Management (University of Toronto) and lives in Toronto, Canada.