Citibank to hire more than 2,000 people in India | india | Hindustan Times
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Citibank to hire more than 2,000 people in India

india Updated: May 26, 2012 01:19 IST
Mahua Venkatesh
Mahua Venkatesh
Hindustan Times

Amid economic slowdown, which has pushed companies either to freeze recruitment or downsize, global banking major Citibank has decided to hire more than 2,000 people across all segments in 2012. A large number of them would be fressh graduates.

“Though the Indian economy is going through some turbulence, the fundamentals are strong,” Anand Selvakesari, country business manager, Global Consumer Group, Citibank India, told Hindustan Times. “India is a key market for Citi and we will continue to hire this year. At the firm level we expect to hire over 2000 professionals during the year.

Citibank would also visit the business schools to hire fresh management trainees and pick summer interns. The bank would also visit colleges to hire fresh graduates.

“For the first time, we initiated the ‘Graduate Analyst Program’ wherein we hired approximately 19 graduates from colleges & IITs last year and we plan to continue with this exercise this year too,” Selvakesari said.

The bank has also decided to set up a team of “universal bankers” — a team of highly qualified executives who would be responsible for acquiring new customers for several services and products.

“This is a new initiative for us which we started about a year ago and these professionals would help in building a stronger banking customer relationship," Selvakesari added.

While most foreign banks are going slow on recruitment, a few have even resorted to slashing jobs to contain costs.