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NAB To Bring 41 Jobs To India

Australia's leading bank, National Australia Bank (NAB), has decided to offshore its 41 back office finance jobs to India by the end of this year. Confirming that NAB is planning to offshore the jobs to Bangalore by the end of this year, Bank's corporate affairs manager Ms Kerrina Lawrence, said, "41 back office finance roles will be transitioned outside of the company by the year's end. The off shoring of jobs, which the Finance Sector Union of Australia (FSU) said will affect 90 employees of the bank's wealth management finance division in Sydney. But, Ms Lawrence said, it was not known how many employees would be affected by the change. Elaborating the bank's stand in case of people affected by off shoring, she said, "NAB has a very strong ethos to re-deploy and re-train staff. Wherever possible we want to find opportunities for the people when change impacts them. That's been the case for some years."
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