Credit Suisse to hire over 1,000 people in India this year
Credit Suisse plans to hire over 1,000 IT employees in India this year, underscoring its continued commitment to its presence in the country and its vision to establish India as a center for technology innovation across the bank globally.
The hires will comprise of developers and engineers who have capabilities in emerging technologies such as Cybersecurity, Data Analytics, Cloud, API Development, Machine Learning, and Artificial Intelligence that are anchored in Agile and DevOps delivery methods, to support the bank’s digital aspirations.
John Burns, Head India IT, and Senior Franchise Officer, Pune, said, “This year’s hiring plan highlights our continued commitment to India, particularly to Maharashtra, and supports Credit Suisse’s vision to establish our operations here as a global technological hub. To support the growth of our IT presence in India, we believe empowering our employees to lead global delivery and drive innovative solutions enhances value creation and productivity for the bank globally.”
This is a continuation of Credit Suisse’s India growth strategy that has seen the bank hire 2,000 IT employees in the last three years. Credit Suisse’s goal is to leverage the large pool of skilled technology talent available in India, to further enhance its in-house core capabilities.
The bank is focused on nurturing local leaders within India IT and basing global roles in the country that have accountability and ownership for end-to-end delivery of IT solutions and services to the bank’s businesses around the world. India now accounts for nearly 25% of the bank’s global IT staff, the largest footprint of any Credit Suisse location globally.
As India continues to battle the second wave of the Covid-19 pandemic, Credit Suisse recently committed INR 7.5 crores (USD 1 million) in aid to Concern India Foundation and GiveIndia, to provide assistance to hospitals in Mumbai, Pune, Delhi and Bangalore for the procurement of critical medical supplies.
This commitment is in addition to a fundraising appeal launched among its staff, matched by the bank through a separate donation, which has raised more than INR 2.8 crores (USD 370,000) so far for GiveIndia’s India Covid Response Fund.