-->
Login Subscribe

Press Release
Published March 09, 2017
View complete press releases list

French bank SocGen's arm to work with Indian startups

Date: March 09, 2017
Categories: Financial Technology, technology
Keywords: Societe Generale, Start-ups


French bank Societe Generale's Indian captive is looking to work with Indian startups and has changed its hiring practices to recruit from top Indian engineering colleges as it focuses on innovating for its parent company.

The Global Solutions Centre used has narrowed the number of colleges it hires from, focusing now on mainly the best engineering colleges, as it now looks to build digital solutions.

"In the past we were more open in where we went to hire but now we are focusing on the top engineering colleges. We are even hiring through hackathons. It is not at the same scale but we are still growing," Veronique Sani, Chief Executive Officer, Societe Generale Global Solutions Centre, told ET.

Societe Generale employs about 8000 people in the Asia-Pacific region. The company has also expanded its office in Whitefield. The new office has been designed keeping in mind the company’s need to attract workers who might previously have chosen to work for a startup.

With telephone boxes and sailing boats, the goal is to create an environment that is separate from a corporatized back-office. The captive wants employees who work in the new office function as startup within Societe Generale and experiment with potentially disruptive ideas.

"The activities we do here are things that require more collaboration. We co-locate different teams working on projects. The idea is to create a smaller company within the bank, to model what the bank of the future will look like," Sani said.

Re-disseminated by The Asian Banker from The Economic Times

Keywords: Societe Generale, Start-ups


French bank Societe Generale's Indian captive is looking to work with Indian startups and has changed its hiring practices to recruit from top Indian engineering colleges as it focuses on innovating for its parent company.

The Global Solutions Centre used has narrowed the number of colleges it hires from, focusing now on mainly the best engineering colleges, as it now looks to build digital solutions.

"In the past we were more open in where we went to hire but now we are focusing on the top engineering colleges. We are even hiring through hackathons. It is not at the same scale but we are still growing," Veronique Sani, Chief Executive Officer, Societe Generale Global Solutions Centre, told ET.

Societe Generale employs about 8000 people in the Asia-Pacific region. The company has also expanded its office in Whitefield. The new office has been designed keeping in mind the company’s need to attract workers who might previously have chosen to work for a startup.

With telephone boxes and sailing boats, the goal is to create an environment that is separate from a corporatized back-office. The captive wants employees who work in the new office function as startup within Societe Generale and experiment with potentially disruptive ideas.

"The activities we do here are things that require more collaboration. We co-locate different teams working on projects. The idea is to create a smaller company within the bank, to model what the bank of the future will look like," Sani said.

Re-disseminated by The Asian Banker from The Economic Times

-->