Standard Chartered will rename its Global Business Services hubs to reflect their broader role in improving processes and expanding the use of technology.

The bank announced that the hubs will become Global Capability Centres. It will roll out the name change in phases across relevant markets, subject to local requirements and approvals.

Standard Chartered is also investing in data, digital platforms and artificial intelligence to improve client experiences and productivity while maintaining operational resilience.

Alongside these investments, it is supporting employees’ long-term employability through skills development, learning opportunities and career progression within the bank.

“This is more than a name change. It reflects how our GBS hubs and colleagues have grown into a critical source of capability, innovation and expertise for the bank.

As GCCs, these hubs will play an even greater role in helping us reimagine work, strengthen enterprise capabilities and deliver better outcomes for our clients, colleagues and communities.”

Featured image: Edited by Fintech News Singapore, based on image by onlyyouqj via Magnific

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