Soma Sarkar, executive vice president/COO of the Credit Union of New Jersey in Ewing, has been named the 2024 William W. Pratt Executive of the Year.
The honor was awarded by the CrossState Credit Union Association, which recognizes leaders committed to the credit union movement’s “People Helping People” philosophy.
“Sarkar has more than 29 years of service in the credit union space, holding numerous positions of influence over the years,” stated a news release. “Her accomplishments speak volumes for her dedication and commitment to the credit union industry.”
Sarkar, a resident of Hopewell, started as a branch manager for CUNJ and worked her way up to her current position of EVP/COO. During that time, she saw the credit union grow to more than $440 million in assets through numerous branch expansions, technological advances and marketing programs under her guidance and leadership.
Prior to coming to CUNJ in 1994, Sarkar worked for major savings and loan commercial banks. She is certified by the American Institute of Banking in supervisory management, customer service, real estate banking, business administration and accounting.
Sarkar has completed the Management Enrichment Training Program through the former N.J. Credit Union League and is a certified BDS Master Trainer. She graduated with the highest honors from the National Credit Union Institute, and she completed the CEO Institute program from Wharton Business School, Cornell and UVA Darden School of Business.
She also belongs to the Credit Union Executives Society and Credit Union National Association’s Operations, Lending, Marketing and Information Technology Councils, and was on the NJ Credit Union League’s Professional Advisory Group for the for several years.
