Thursday, October 5, 2023
More
    HomeTelanganaHyderabad to witness State Street's expansion plans

    Hyderabad to witness State Street’s expansion plans

    Related stories

    TSRTC provides relief to employees with DA increase

    The Telangana State Road Transport Corporation (TSRTC) has announced...

    Tribunal’s Terms of Reference for AP-TS Krishna Water Dispute Gets Centre’s Approval

    The long-standing dispute over Krishna water between Andhra Pradesh...

    Arun Alagappan assumes role of SICCI president through successful election

    The Southern India Chamber of Commerce and Industry (SICCI)...

    Telangana residents captivated by the beauty of Malayalam Puzha

    The multimedia show "Malayala Puzha" was a big hit...
    - Advertisement -

    State Street, the world’s largest asset management company, is expanding in Hyderabad and creating 5,000 new jobs. This is a big investment in the Banking, Financial Services & Insurance sector in the state. Hyderabad will soon host the second-largest office for State Street after its Boston headquarters.

    State Street met with Minister KT Rama Rao in Boston and announced that some global roles and heads for Accounting, HR Mobility, and others will be housed in Hyderabad. The center in Hyderabad has gained prominence and is one of the vital centers supporting State Street’s growth story. The job roles will be primarily in Fund management, Custodian services, and Asset management. The center will also have software engineers and data scientists who will be experts in Data Analytics, Artificial Intelligence, and other emerging technologies supporting the fund management for State Street.

    - Advertisement -

    State Street Corporation had announced the opening of a new centre of excellence in Hyderabad in November 2017. It was initially perceived to expand to about 1,000 employees to support their asset management, custodial, and other services for the institution. However, State Street has outgrown its expectations and is now adding over 5,000 jobs in Hyderabad. The meeting was attended by Aunoy Banerjee, Executive Vice President and Head of Corporate Services and Investments for State Street Corporation along with Jacob Rosenfeld, Global Head of Tax, Senior Vice President at State Street, and Jeevan Ramapriya, Public Policy and Government Affairs.

    - Advertisement -
    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
    Latest News from Hyderabad, Telangana, India & World!

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here