Lloyds Banking Group launches technology centre operations in Hyderabad

Hyderabad: Lloyds Banking Group, one of the United Kingdom’s largest financial services institutions, has inaugurated its Lloyds Technology Centre (LTC) in Knowledge City, Hyderabad, on Wednesday.

The LTC is set to play a pivotal role in advancing AI, Cloud, and Blockchain initiatives throughout the organization. The initial teams based at the office will focus on harnessing data, machine learning, and Cloud technologies to support Lloyds Banking Group’s UK customers. To accomplish this, the center is actively recruiting specialists in various roles, including Full Stack, Java Back-End, REACT, Cloud Engineers, and Quality Engineers, a company statement said.

The long-term vision is for the center to become a hub for cutting-edge engineering, aiding Lloyds Banking Group in its technology transformation journey by leveraging India’s thriving technology environment and specialized talent.

Ron van Kemenade, Group Chief Operating Officer at Lloyds Banking Group, expressed his enthusiasm for this milestone, stating, “The inauguration of the Lloyds Technology Centre marks a pivotal moment in our overarching transformation journey, building on our investments in tech talent in the UK. This center, situated in the dynamic tech hub of Hyderabad, will emerge as a focal point for innovation and engineering excellence. We are eager to utilize this facility to facilitate the Group’s transformation to meet the evolving needs of our customers.”

Sirisha Voruganti, CEO and Managing Director of Lloyds Technology Centre, stated, “Hyderabad’s abundant tech talent and diversity position it as a global innovation epicenter. With the Lloyds Technology Centre, we are proud to be part of this thriving ecosystem. We believe that the fusion of India’s leading tech capabilities and diverse talent will be instrumental in our ability to deliver exceptional services to the Group’s customers.”