By Adam Clark 
 

Standard Chartered PLC (STAN.LN) said on Thursday that it will open a new office in Warsaw, Poland, with 750 roles to provide a service center supporting clients in North America and Europe.

The office is set to open in September, and the full complement of roles will be filled over a five-year period. Bart Nash, head of corporate affairs in Europe for Standard Chartered, told Dow Jones Newswires that many of the Polish roles will be analytical and technical, including in cyber-security.

The Polish office joins existing service centers in China, India and Malaysia. Mr. Nash said the majority of employees would be hired from the local area.

"As the bank increases its focus on clients based in Europe and the Americas, we believe it has become essential to create a western hub that can support them fully in a more beneficial time zone," said Stephen Sheridan, chief operating officer for Europe & Americas, in a statement.

 

Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones

 

(END) Dow Jones Newswires

June 14, 2018 10:04 ET (14:04 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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