New Delhi: The country's largest private lender ICICI Bank is on a hiring spree and will employ 10,000 personnel a year for the next five years to cater to the boom in banking industry.
The ICICI Bank group, which includes banking, insurance, securities and other financial services, is likely to directly employ 25,000 people and another 15,000 indirectly, every year for the next three to five years, the official said.
The group has some 50,000 employees on its direct payroll and another 1,00,000 are indirectly employed as insurance agents and people working under service providers.
"We get four lakh CVs each year for jobs in the bank," ICICI Bank Senior GM (Human Resources) K Ramkumar said. This was a good sign and the bank does not face any hiring problem as there is plenty to choose from, he said, adding while most of the hiring happens directly, consultancy firms are used for some of the higher-level recruitments.
"The group may hire about 15,000 each year for the next three years for insurance and securities broking businesses as these sectors are growing fast," Ramkumar said.
ICICI Prudential Life Insurance and ICICI Lombard General Insurance are leaders in the private space in their respective field and are growing by 80-100 per cent year-on-year.
The group's service providers may hire 15,000 people a year for the next three to five years to serve their growing business requirement, the official said.
The ICICI group currently has two captive BPOs to serve its clients, but these employees do not fall under the group's umbrella.
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