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World Bank opens office in Chennai news
Our Banking Bureau
16 March 2002
Chennai: The World Bank has opened its Chennai office. World Bank senior vice-president and CFO Gary Perlin told press persons that the Chennai office will process all of the banks accounting functions and its global payrolls. The Chennai office has already recruited 90 skilled personnel. All of them had undergone training in Washington, DC. The Chennai office is spread over 26,000 square feet.

Tamil Nadu Chief Minister J Jayalalithaa, who was the chief guest at the function, asked the World Bank to move its entire back office operations to Chennai.

She said the World Banks investments in Chennai are not a cost-cutting exercise but a value-addition proposition. With the kind of facilities it has, Tamil Nadu will establish itself as the IT-enabled service and business process outsourcing capital of the world.



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World Bank opens office in Chennai