Wednesday, July 12, 2023

NatWest plans to hire 3,000 high-end engineers in India; New AI strategy to be rolled out


CHENNAI:
The UK-based NatWest Group is planning to hire more engineers in the high end engineering areas for its Global Capability Centre in Chennai. Chief Information Officer Scott Marcar said that the company is setting a target to hire around 5,000 engineers globally, of which 3,000 will be in India in the next three years.

He said that the planned increase of engineers in Chennai Global Capability Centre would happen once the state government comes out with the fresh policy for Information Technology and Business Process Management (BPM). The fresh policy aims to revive the Information Communication Technology (ICT) Policy 2018 as there is a need for a shift in the policy in the post-Covid era with the inclusion of trending technology.

Marcar has said that the hiring will be in ‘high end’ engineering areas like Java, Python, Data Engineering, Artificial Intelligence skill and analytics. He also highlighted that NatWest is planning to roll out Artificial Intelligence strategy globally and India will be a major player. NatWest has GCC in three locations in India. These include Gurugaon, Chennai and Bengaluru. Globally the group’s digital group has around 22,000 employees of which around 17,000 are in India.

Nearly 50 per cent of NatWest group’s technology is in India; as well as 40 per cent of finance and 80 percent of market operations. 

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