Want to build a career in the social sector? SBI Foundation MD shares key insights

How to Build a Career with Purpose in the Social Sector

In an era where job titles are no longer the sole marker of success, the pursuit of purpose is steadily drawing India’s youth towards the social impact sector. Sanjay Prakash, MD & CEO of SBI Foundation, opens up about what it takes to make that transition, how fellowships like SBI Youth for India are shaping changemakers, and why a career in the development space can be both deeply fulfilling and professionally rewarding.

A banking veteran turned impact leader

Sanjay Prakash’s career in the State Bank of India spans over three and a half decades, but his transition to the social sector wasn’t sudden—it was a continuation of a lifelong commitment to service. “My banking journey began in remote Jharkhand, and over the years, I’ve served in diverse roles across rural and urban India. Yet what stayed with me was a consistent drive to serve communities,” he says. Now at the helm of SBI Foundation since July 2022, Prakash channels this experience into driving grassroots impact through flagship programs like SBI Youth for India.

His earlier stint as Deputy General Manager (Industrial Relations) was especially formative. “It gave me the opportunity to implement staff welfare initiatives and foster harmony within the organisation—something that resonates closely with the ethos of community development,” he adds.

Why the young want more than just a paycheck

Today’s young professionals are increasingly seeking careers that align with their values. “According to the 2025 SBI Youth for India Alumni Impact report, many working professionals took sabbaticals to explore if the social sector was their true calling,” notes Prakash. From education and environment to rural livelihoods and gender equity, the sector offers a wide canvas for those driven by impact over income.

Youth for India: Bridging curiosity and commitment

For many, however, the lack of firsthand experience is a major barrier. “Fellowships like SBI Youth for India bridge this gap,” says Prakash. With over 250 villages across 21+ states (including UTs) and 13 partner NGOs, the fellowship gives young Indians immersive exposure to grassroots realities. “It helps build critical problem-solving, leadership, and adaptability skills—often transforming curiosity into long-term commitment.”

Many alumni go on to work in social entrepreneurship, policy, or consulting roles—equipped not just with technical know-how, but with deep empathy and lived experience.

The changemaker’s toolkit: Empathy, leadership, and communication

Asked about the essential qualities for success in the social sector, Prakash lists three: a problem-solving mindset, leadership, and effective communication. “It’s not about imposing solutions—it’s about co-creating them with the community,” he stresses. Patience and cultural sensitivity are equally vital. “We’ve learned over the past 14 years that those who listen deeply and adapt quickly are the ones who create real, sustainable impact.”

Changing perceptions around pay and growth

While concerns around compensation in the social sector persist, Prakash believes the landscape is evolving. “There’s a visible shift—organisations are increasingly offering competitive pay and structured career paths. Social entrepreneurship is booming, and more young people are entering the sector not just to help, but to lead and innovate.”

Unlearning the corporate mindset

Transitioning from a corporate role to development work can be a jolt. “The metrics are different, and so is the pace,” says Prakash. “But with patience and openness, professionals learn to redefine success—not as profit margins, but as progress for people and communities.” At SBI Foundation, efforts are made to ensure fellows and new recruits ease into this shift, through community immersion and mentoring.

Building a lifelong career in impact

For those wondering if the social sector can be a viable lifelong career, the answer is a resounding yes. “From leading community projects to shaping public policy or launching your own enterprise—there are many pathways,” says Prakash. The key is continuous learning and an unwavering sense of purpose. “As challenges evolve, so must we. The leaders of tomorrow will be those who combine empathy with execution.”

Start small, stay committed

So, what’s his advice for those ready to take the first step but unsure how? “Begin by understanding the communities you want to work with,” he says. “Programs like SBI Youth for India offer valuable hands-on learning. Focus on building skills that blend empathy with action. Most importantly, stay the course. Every small step matters.”

For Sanjay Prakash, creating impact isn’t a career detour—it’s a destination. And for those willing to listen, adapt, and commit, the journey is just as rewarding as the goal.