DBOI Global Services, the global processing arm of Deutsche Bank, today announced the opening of its fifth global service delivery centre, in Jaipur. This state-of-the-art facility, located within Mahindra World City, will house operational and support teams for Deutsche Bank. The centre will deliver operations and business function solutions for several of the Bank’s divisions, commencing initially with Investment Banking and Asset Management. The centre was inaugurated by the Chief Minister of Rajasthan Smt. Vasundhara Raje.
DBOI Global Services expects to employ 500 professionals at its Jaipur facility by the end of the year. This will take the overall employee strength of all DBOI Global Services centres -- Mumbai, Bangalore, Jaipur, Birmingham, UK, Jacksonville, USA -- to 6000 by the end of 2008.
Announcing the opening of the Jaipur centre, Hermann-Josef Lamberti, Chief Operating Officer and Member of the Management Board & the Group Executive Committee, Deutsche Bank, said “DBOI Global Services continues to grow as a major force within Deutsche Bank’s operational strategy through its focus on capacity and process re-engineering. We are confident that Jaipur will fully meet our expectations and provide all necessary support to our operations.”
Gunit Chadha, Managing Director and Chief Executive Officer, Deutsche Bank, India said, “The opening of the new centre in Jaipur is in strategic alignment with Deutsche Bank’s aggressive growth plans for the region. We have enjoyed a warm welcome and the support from the state Government as well as the local community. As we embed ourselves in Jaipur we will partner with local communities through our Corporate Social Responsibility (CSR) programmes in the same manner as we have done in the rest of the country.”
Commenting on the employment opportunities that the Jaipur centre would generate, Arindam Banerrji, Global COO for DBOI Global Services said "By tapping the excellent locally available talent pool, our new centre will create job opportunities in Jaipur and will also provide exposure to an international banking processing environment. “
“We have received tremendous support from the government of Rajasthan and the Mahindra World City team which has enabled us to build a scaleable world-class facility with significant potential for growth. Besides direct employment, a commitment of this magnitude creates a lot of indirect employment and investment not just in facilities and infrastructure but also results in the creation of intellectual capital,” Mr. Banerrji added.
About Deutsche Bank & DBOI Global Services
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets, which includes India. With over 80,000 employees in 76 countries, Deutsche Bank offers unparalleled financial services throughout the world.
More From This Section
The Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
DBOI Global Services is the global processing arm and wholly owned subsidiary of Deutsche Bank. Deutsche Bank has multiple technology and operations centres world-wide, supporting its major trading locations and businesses. To further simplify the structure and take advantage of globalising its time zones, Deutsche Bank has created an integrated network of processing hubs across major cities around the world. DBOI Global Services was formed as part of this strategy.