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UBS Expands Hyderabad Operations With New Global Center
11 Feb
Summary
- UBS launched a new Global Capability Centre in Hyderabad.
- The facility plans to hire 3,000 professionals in two years.
- This expansion reinforces Hyderabad as a global financial tech hub.
Swiss multinational UBS announced the inauguration of its new Global Capability Centre (GCC) in Hyderabad on Wednesday. This expansion signifies UBS's strengthened presence and long-term commitment to India.
The newly opened, state-of-the-art facility has ambitious plans to recruit nearly 3,000 professionals within the next two years. This initiative is expected to bolster Hyderabad's growing reputation as a key global center for high-value financial technology, operations, and GCC leadership.
Telangana's Minister for IT and Industries, D Sridhar Babu, highlighted Hyderabad's appeal to major financial institutions, noting that UBS's decision underscores the city's credibility as an international talent and innovation hub. Matthias Schacke, Head India Service Company, expressed enthusiasm for expanding tech capabilities, including AI, and enhancing operational presence in Hyderabad, citing its strong talent pool and supportive policies.
