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StanChart to recruit 3,000 employees by 2010

Views 0 Views    Comments 0 Comments    Share Share    Posted 10-11-2009  

Mumbai: Standard Chartered, a British bank headquartered in London with operations in more than seventy countries, plans to hire 3,000 employees in India by the end of 2010, a year that would also see the British firm listing its shares on the bourses here.

Madhavi Lall, Regional Head for Human Resources, StanChart said, "We are planning to add close to 2,500 employees to our payroll in India during 2010, while we are likely to hire a staff of 500 in the last two months of 2009."

StanChart, which currently employs close to 18,000 people in the country, has already hired 2,000 employees so far this year. The bank is currently working on the modalities for listing its Indian Depository Receipts (IDRs), which would make it the first foreign entity to exercise the IDR route to raise capital in India.

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