Genpact's new biz centre in Philippines to employ 150 people in 06

New Delhi, June 9 (UNI) Genpact today announced it will open its new business and technology processing centre in the Philippines this summer, which is expected to employ upto 150 professionals and trained graduates in the island this year.

Genpact President&CEO Pramod Bhasin said, '' We expect to hire approximately 150 professionals and trained graduates in the Philippines this year. The Alabang facility has capacity for 800 associates, and Genpact employment in the Philippines could reach 2,000 to 3,000 over the next several years.'' Mr Bhasin added, ''Our business outlook is extremely bright, which is encouraging us to invest in countries like the Philippines, where English is the primary business language and good talent is available.'' Recruiting has begun at the 5,400 sq. metre facility in the Alabang suburb of Manila, where professionals will provide finance&accounting services, customer-service support, collections, and IT services to Genpact's increasing roster of global clients.

It is the seventh country of operations for Genpact, formerly known as GE Capital International Services.

Genpact provides a range of business services and technology solutions to global enterprises to positively impact their sales, earnings, cash flow, customer retention, and speed to market.

Besides the 35 businesses that comprise the General Electric Company, Genpact counts GlaxoSmithKline, Nissan, Wachovia, Genworth, Penske, Air Canada, and Linde among the two-dozen Fortune 500 clients it has gained since GE commercialised its business-processing outsourcing arm on January 1, 2005.

Other centres of Genpact are located in the US, Mexico, Hungary, Romania, India, and China.

The company invests 8 million dollars annually in employee training.

UNI RA MP PM1802