All female BPOs to be launched in Riyadh
The new venture to create up to 3,000 jobs for Saudi professional women
Dubai: Tata Consultancy Services (TCS), Saudi Aramco and GE Energy Infrastructure have announced the launch of the first all-female business process services center (BPO) in Saudi Arabia’s capital city of Riyadh.
The center will be staffed by Saudi women with TCS and GE owning 76 per cent and 24 per cent equity in the new venture respectively, which initially will serve Saudi Aramco and GE as anchor clients.
The collaboration of the three companies underscores their strong commitment to support Saudi’s localization strategies to diversify the country’s economy and enable the growth of a viable employment sector.
The three partners will work together with an intention of scaling up the new venture to create up to 3,000 jobs for Saudi professional women.
GE will create up to 1,000 employment opportunities for this initiative, a statement said. The center brings a unique business model to Saudi and is set to become a rich training ground for building new capabilities, skills and careers for Saudi females.
It will be employing skilled graduates in the areas of finance, accounting, human resources management and supply chain management services.
Cyrus Mistry, Chairman of Tata Group said, “The Tata Group has a long history of encouraging women to achieve their potential and contribute to the community and we are delighted to work with Saudi Aramco and GE to help provide careers for women in the Kingdom and enable them to contribute to its economic progress,” he said.
N Chandraswkaran, CEO and MD, TCS said, “By drawing on our proven global expertise in business process services, our ability to partner with corporations as well as develop talented professionals, we will help achieve the goals of this pioneering venture,” he said.