The Hindu Business Line : HSBC Bank to hire 3,500 this year

Hyderabad, March 28 HSBC Bank in India will be hiring over 3,500 this year to support its expansion programmes in retail, small and Medium Enterprises (SMEs) and corporate banking sectors.

The bank, which has been traditionally hiring from its competitors, will now focus on alternative channels of recruitment by sourcing people from sectors such as retail, Fast Moving Consumer Goods (FMCG) and telecom, Ms Tanuj Kapilashrami, Head, Human Resource, HSBC Bank (India), told Business Line over phone from Mumbai.

``We have big aspirations in hiring this year and are looking at taking our headcount in India from the present 7,500 to 10,000 by the end of December,” she said.

However, the bank would continue to hire from competitors and campuses of 35 top business schools in the country apart from Indian Institutes of Management and Indian School of Business (ISB) for top executive positions,” she said. Last year, HSBC bank had hired over 150 from the campuses.

A majority of the proposed recruitment would be for frontline sales positions.

The bank, which has over 7,500 employees on its rolls at present plans to bring educational institutions located in tier-II cities under campus recruitment programmes. ``We believe that there is talent available in these places which can be trained further. We are in the process of organising HSBC Leadership Initiative programmes in these cities,” she said.

Preference for women

Diversification of its workforces is a priority area for the bank. “Our endeavour has been to ensure a good presence of women in our work force. We will give preference to women in relationship positions,” the HSBC Bank official said.

The men-women ratio in its work force is at 70:30 at present. It is targeting women who are planning to come back to work after a break due to personal/professional reasons.

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