CIBC has opened a global capabilities hub in Hyderabad as part of its strategy to strengthen its global operations and expand its talent base across Canada, the U.S., Europe and Asia.
The new centre will support the bank’s ongoing transformation initiatives by insourcing work that was previously managed by third-party service providers and accelerating the execution of its client-focused growth strategy.
Global Operations
CIBC Senior Vice-President Global Programs, Darryl Stratton said, “Our new team will play an important role in the continued modernisation of our bank. CIBC’s teams already operate as a global, highly connected network, collaborating daily to deliver for clients in Canada, the U.S., Europe and Asia.”
“Today’s announcement further strengthens this approach, fostering cross-business and cross-border collaboration to help realise our clients’ ambitions,” he said.
The bank said it would continue to invest in attracting, developing and retaining talent across Canada, the U.S. and other global markets to support its long-term growth.
Company Profile
CIBC is one of North America’s leading financial institutions, serving about 15 million personal, business, public sector and institutional clients.
The bank offers a range of banking, wealth management and financial services through its digital banking network across Canada, the U.S. and international markets.