Vanguard to open first India office in Hyderabad, hire 2,300 for AI and data jobs

Hyderabad: Vanguard, an international investment management company, on Monday, announced its decision to establish its first Global Capability Centre (GCC) in India in Hyderabad.

Vanguard said it will formally open its Hyderabad office later this year and will employ 2,300 members over the next four years.

As per Vanguard, the company operates under a unique investor-owned structure, manages global assets worth $10 trillion (approximately) and serves more than 50 million investors.

Vanguard to focus on AI and mobile engineering jobs for the Hyderabad campus

The senior delegation from the company, led by its CEO Salim Ramji, and CIO and MD of IT division, Nitin Tandon, chief human resources officer John Couture and principal, head of GCC—Vanguard India, Venkatesh Natarajan, met the official ‘Telangana Rising’ delegation led by chief minister A Revanth Reddy and top officials, including chief secretary Shanti Kumari.

During the discussions, Vanguard said it would immediately look to hire engineers with a special focus on Artificial Intelligence, Data and Analytics and mobile engineering at its Hyderabad facility.

“We’re excited to be adding talent who will focus on AI, mobile and cloud-based technologies that drive our business outcomes and deliver a world-class experience for our clients. Hyderabad was a great obvious choice for us because of its diverse talent pool, quality of living, an ecosystem of tech expertise and innovation mindset and the friendly policies of the Telangana state government,” said Salim Ramji, CEO, Vanguard.

Welcoming Vanguard to Hyderabad, CM Revanth Reddy said, “I am delighted to welcome Vanguard to join the irresistible and unstoppable ‘Hyderabad Rising’ vision. As part of ‘Telangana Rising’, we are shaping Hyderabad into a GCC hub for the world across domains, and Vanguard’s endorsement will further strengthen our global positioning.”

Vanguard said it is committed to establishing an enduring technology centre in Hyderabad.

“The Vanguard Hyderabad office would serve as an integral part of the global organisation, become an innovation hub that will support IT mission and goals and drive AI strategy, unlock potential of our data and analytics and support the firm’s mobile-first initiatives,” the company said in a public statement.

“As with all of our locations, we will foster an inclusive environment centred around clear mission, meaningful work and unique employee experience,” Ramji said.