News: UAE’s Mashreq Bank to hire 400 people in Bengaluru in the next 2 years

Recruitment

UAE’s Mashreq Bank to hire 400 people in Bengaluru in the next 2 years

The largest private sector bank in the UAE will double its workforce from 400 people at the Mashreq Global Services in Bengaluru to 800 in the next 18 to 24 months.
UAE’s Mashreq Bank to hire 400 people in Bengaluru in the next 2 years

Mashreq Bank, the largest private sector bank in the UAE, will double its workforce from 400 people at the Mashreq Global Services in Bengaluru to 800 in the next 18 to 24 months. 

Sandeep Chouhan, Group head of technology and operations at Mashreq Bank, UAE, told Deccan Herald, “We established our India operations 40 years ago and Mashreq Global Services has been in Bengaluru for 15 years now. We are now looking at hiring as people here have world-class skills and the city is also known for its unique ecosystem of startups."

The bank is also incubating seven startups, of which five are from Bengaluru. The India centre supports various technology development for the bank. Mashreq is looking for people in areas such as analytics, compliance, among others.

Santhosh Mahalingam, MD of Mashreq Global Services, India, said the country will be an integral part of the next wave of innovation for the bank. 

Apart from technology support, Mashreq Bank is also looking at Bengaluru to develop capabilities in areas like risk management and business intelligence.

The bank is also looking at designing its financial products out of India, added Santhosh Mahalingam.

Currently, the bank has a presence in 14 countries and it plans to explore countries like China, Russia, and Saudi Arabia. It employs close to 5,500 people, of which 1,500 are located outside the UAE. 

 

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Topics: Recruitment, #Hiring

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