Strengthening its long-term commitment to India, Swiss multinational investment bank and financial services firm UBS on Wednesday announced the launch of a new Global Capability Centre (GCC) in Hyderabad.
With this expansion, the company plans to add nearly 3,000 professionals over the next 2 years, according to an official release.
The newly opened, state-of-the-art facility further strengthens Hyderabad’s position as a global hub for high-value financial technology, operations, and GCC leadership. The move highlights the city’s growing importance in the global financial services ecosystem.
Speaking at the inauguration, Telangana Minister for IT and Industries D Sridhar Babu said Hyderabad has become a preferred destination for some of the world’s most respected financial institutions. He noted that UBS expanding its presence reflects the city’s strong credibility as a global talent and innovation centre.
“The decision of UBS to establish its new centre in Hyderabad reflects the confidence global industries place in our institutional stability and progressive policy framework. We see this as a long-term partnership that strengthens the India-EU-Switzerland corridor and adds meaningful value to the global financial services landscape,” the Minister said.
Matthias Schacke, Head India Service Company and Group Operation & Technology Office India, highlighted Hyderabad’s advantages for the company’s growth plans. “Hyderabad continues to be an important growth location for UBS, thanks to its strong talent pool, supportive policies, and excellent infrastructure. We’re looking forward to further expanding our tech capabilities, including AI, while enhancing our operations footprint in the location,” he said.
The expansion signals UBS’s focus on building advanced technology and operations capabilities in India, while contributing to job creation and strengthening Hyderabad’s global financial services profile.
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