Bengaluru

Fostering BFSI Excellence

After the successful launch in Telangana, we are proud to expand our impact to Karnataka with the Bengaluru Chapter of the BFSI Consortium now at the forefront of talent development and innovation in India’s thriving BFSI landscape.

Known as India’s Silicon Valley, Bengaluru is a powerhouse of digital transformation, home to a dense network of fintech companies, Global Capability Centres (GCCs), and financial institutions. Through strategic collaborations with the Government of Karnataka and academic partners, we aim to empower this ecosystem with future-ready skills and training.

Key Statistics

Workforce: Over 6 lakh professionals work across banking, financial services, insurance, and fintech in Bengaluru.

Fintech Hub: Bengaluru hosts more than 35% of India’s fintech startups, making it a major innovation hub.

GCCs: Global giants such as Goldman Sachs, Morgan Stanley, Wells Fargo, Citi, and Standard Chartered have established major GCCs here.

Industry Growth: India’s BFSI sector is projected to grow at a CAGR of 8.2% through 2026, fueled by tech-enabled services.

Talent Gap: The BFSI industry is expected to face a shortfall of 3 million skilled professionals by 2030.

Education Partnerships: New collaborations with Karnataka’s top universities will embed BFSI-aligned curriculum into undergraduate programs, bridging the skill-employment gap.

Karnataka Launch: A New Chapter in Skill Development

At the Bengaluru Tech Summit 2024, the BFSI Consortium’s Karnataka chapter was formally launched by:

Hon’ble Chief Minister of Karnataka, Shri Siddaramaiah
Hon’ble Deputy Chief Minister, Shri D.K. Shivakumar
Hon’ble Minister of IT, BT & RDPR, Shri Priyank Kharge

The event marked the signing of a landmark MoU with the Government of Karnataka, underscoring a shared commitment to building an employable, future-ready workforce in BFSI.

This partnership is aimed at equipping students with:

Domain expertise in banking, financial services, and insurance
Technical skills in emerging technologies like cybersecurity, cloud, and blockchain

Behavioral competencies essential for success in BFSI careers

Join the Future of Financial Services!

Register with the BFSI Consortium to access exclusive internships, mentorship programs, and cutting-edge training in the BFSI sector. Elevate your career and become a leader in financial innovation.

Bengaluru Chapter Leadership

The Karnataka chapter is led by a dynamic team of industry champions:

SHEENAM OHRIE

Managing Director, Broadridge Financial Solutions, India

VEDA PERSAD

Country Executive, India, Northern Trust Corporation

MOHAMMED KHALIL ULLAH

Managing Director, Head of Global Technology Enterprise, JPMorgan Chase & Co.

JYOTI PAHADSINGH

Head of Innovation Practice, Societe Generale Global Solution Centre

We are excited to shape the future of BFSI talent in Karnataka fostering employability, innovation, and career-readiness in one of India’s most vibrant sectors. - I would suggest removing the Telangana reference here.