CIBC took another step in its modernization journey with the opening of a global capabilities hub in Hyderabad, India. This new office strengthens its global footprint and talent pool across Canada, the U.S., Europe and Asia.
The establishment of this new office will accelerate its efforts to deliver on strategic priorities and meet clients’ evolving needs by insourcing work previously managed by third parties and accelerating the execution of the bank’s client-focused growth strategy.
“Our new team will play an important role in the continued modernization of our bank,” Darryl Stratton, senior vice president, global programs at CIBC, said. “CIBC’s teams already operate as a global, highly connected network, collaborating daily to deliver for clients in Canada, the U.S., Europe, and Asia. Today’s announcement further strengthens this approach, fostering cross-business and cross-border collaboration to help realize our clients’ ambitions.”
