Vanguard To Establish First India GCC In Hyderabad

Vanguard, one of the world's premier investment management companies, today announced its decision to establish its first Global Capability Center (GCC) in Hyderabad.

A senior delegation from the company, led by CEO Salim Ramji, CIO and MD of its IT Division Nitin Tandon, Chief Human Resources Officer John Couture and Head of GCC Vanguard India Venkatesh Natarajan met Chief Minister Revanth Reddy at his residence and held discussions on the company's expansion plans.

During the discussions, Vanguard representatives announced that the company would immediately begin hiring engineers, with a special focus on artificial intelligence, data & 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 and deliver a world-class experience for our clients. Hyderabad was an obvious choice for us because of its diverse talent pool, high quality of living, strong ecosystem of tech expertise and innovation, and the Telangana government's business-friendly policies," Ramji said.

The CM welcomed Vanguard's decision, saying, "I am delighted to welcome Vanguard to join the irresistible and unstoppable Hyderabad Rising vision. We are shaping Hyderabad into a global GCC hub across various domains, and Vanguard's endorsement will further strengthen our international positioning."

As per reports, Vanguard, which operates under a unique, investor-owned structure, manages global assets worth approximately $10 trillion and serves more than 50 million investors. The company will formally open its Hyderabad office later this year and plans to employ 2,300 members over the next four years.

The Hyderabad office marks a significant milestone in Vanguard's global expansion, building on a decade-long partnership with third-party firms. This move will allow Vanguard to directly access talent and increase the proportion of technology professionals in its global workforce.