ALSO READStandard Chartered Bank launches Multicurrency Forex Card Standard Chartered Bank launches Good Life platform in India providing dining offers to its debit/credit card base Tata Sons appoints Saurabh Agrawal as group CFO Standard Chartered launches Multicurrency Forex; aims to reduce customers travel woes Cyient posts 18.7% rise in net profit for June qtr at Rs 87 cr
The Bank expects to have 30 per cent of GBS employees based in Bengaluru over the next few years by doubling the current head count based in the city from a combination of internal moves and selective hiring.
The new centre will complement Standard Chartered's existing GBS centres in China, India and Malaysia which collectively provide employment opportunities to 19,000 talented people, the bank said in a release.
It said this move is a part of the Bank's strategy to invest USD3 billion over three years in technology and systemswhich it announced in 2015.
We are here to attract the best minds in India'sSilicon Valley to join us in redefining banking for the world," Standard Chartered Group CIO Dr Michael Gorriz said.
Spread over 43,000 square metres, the multi-million dollar, state-of-the-art GBS centre will deliver global support, client due diligence and advisory services for corporate and institutional banking, retail banking, compliance, human resources, risk management and finance usingthe latest technologies and practices in data, robotics andsoftware development.
Calling India a key market for Standard Chartered its India CEO Zarin Daruwala said, "As we move towards deeper digitisation, people who form a part of the technology-underpinned value chain will play an increasingly leading-edge role in shaping the banking and financial services landscape."
As a network, Standard Chartered's GBS centres inChina, India and Malaysia are capable of managing complex,large scale, cross-border activities that keep the Bankrunning seamlessly, while ensuring clients globally arereceiving reliable and secure banking services usingstate-of-the-art digital technology, the bank said.