India Business Journal - UBS launches GCC in Hyderabad, to employ 3,000 people in two years

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UBS launches GCC in Hyderabad, to employ 3,000 people in two years

IBJ Bureau
Feb 12, 2026

UBS has announced opening of its new global capability centre (GCC) in Hyderabad. This marks a significant step in strengthening the Swiss multinational investment bank’s presence in the city and re-affirming its long-term commitment to India.

With the new facility, UBS plans to add nearly 3,000 professionals over the next two years, the Swiss bank has said in a release.

The state-of-the-art centre further reinforces Hyderabad’s growing position as a global hub for high-value financial technology, operations and GCC leadership, it has added.

At the inauguration of the GCC, Telangana Minister for IT and Industries D Sridhar Babu has said that the city has emerged as a preferred location for the world’s most respected financial institutions, and the UBS choosing to deepen its presence here reflects the city’s credibility as a global talent and innovation hub.

“The decision of UBS to establish its new centre in Hyderabad reflects the confidence (that) global industries place in our institutional stability and progressive policy framework. We see this as a long-term partnership that strengthens the India-EU-Switzerland corridor and adds meaningful value to the global financial services landscape,” the minister has added.

Matthias Schacke, the head of UBS’ India Service Company and Group Operation & Technology Office India has said: “Hyderabad continues to be an important growth location for UBS, thanks to its strong talent pool, supportive policies and excellent infrastructure. We are looking forward to further expanding our tech capabilities, including AI, while enhancing our operations footprint in the location.”