Credit Suisse expands to new facility in Pune

Our Bureau Updated - December 06, 2021 at 09:20 PM.

The bank’s India IT strategy leverages the large pool of skilled technology talent available locally

Around 10 per cent of the global senior IT roles at Credit Suisse are currently based in India. File photo

To establish India as a centre for technology innovation, investment banking firm Credit Suisse has moved to a new smart working facility in Pune. The 44-acre campus in Kharadi, Pune, will house teams that cater to the development of Agile, Cloud Computing, Machine Learning, and Robotics to support Credit Suisse’s global business operations.

The bank’s India IT strategy leverages the large pool of skilled technology talent available locally, and is focussed on enhancing local leadership to deliver capabilities for end-to-end IT solutions.

Around 10 per cent of the global senior IT roles at Credit Suisse are currently based in India. It has approximately 14,000 staff in India, primarily in Pune and Mumbai. Of the total staff, approximately 5,000 are in-house employees, of which, around one-third are in IT roles.

Mihir Doshi, Chief Executive Officer, Credit Suisse India, said Credit Suisse has grown its Indian operations significantly over the years, and its investment in the new facility highlights the firm’s vision to establish the country as a technological hub.

Published on March 8, 2019 15:54