Credit Suisse Plans to Hire 1,000+ IT Employees in India This Year

Credit Suisse, a Switzerland-based investment bank, today announced its plan to hire more than 1,000 IT employees in India in2021. This shows the bank's continued commitment to its presence in the country and its vision to establish India as a center for technology innovation across the bank globally. 

According to the official press release, these new hires will include 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.

The bank has hired 2,000 IT employees in the last three years, aiming to leverage the large pool of skilled technology talent available in India, to further enhance its in-house core capabilities. India now accounts for nearly 25% of the bank's global IT staff, the largest footprint of any Credit Suisse location globally.

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Over the years, Credit Suisse India IT has successfully delivered new technology capability to the bank while maintaining a strong focus on system stability and security while maximizing operational efficiency. The hiring ambitions for 2021 will play a critical role in delivering the bank to its clients, ensuring a digitization-ready architecture, a robust platform, adoption of IT best practices and technologies, and an empowered engineering workforce.

Prashant Bhatnagar, Global Head of Experienced Recruiting for Technology, said: "As we continue to build our footprint in India, we want to attract the best IT talent to join our vibrant community of professionals. We provide our employees with a dynamic environment that fosters skills development and knowledge-sharing, and we provide opportunities for engineers and developers to be at the forefront of technology and innovation."

As Fazzaco previously reported, Credit Suisse has appointed Renato Costantini as its new General Counsel of Credit Suisse (Switzerland) Ltd​. At the same time, Renato will also be a member of the Executive Board of Credit Suisse (Switzerland) Ltd. and of the Management Committee of the Swiss Universal Bank division.