by Karen Brune Mathis
Managing Editor
Deutsche Bank employs about 850 people in its Southside Jacksonville campus and expects to increase that to more than 1,000 by the end of 2011.
The bank’s London-based chief of global services asked 420 Jacksonville business leaders Thursday for a favor.
“I urge you to impress upon your students now ... that they need to engage with the concepts and facts of global economic development and culture,” said Martin Slumbers, global head of global business services for Deutsche Bank, based in Frankfurt, Germany.
Slumbers was the keynote speaker at the Jacksonville Regional Chamber of Commerce Cornerstone Regional Development Partnership quarterly luncheon at the Hyatt Downtown.
As of Sept. 10, Deutsche Bank employed about 82,500 people in 72 countries. It operates a presence in more than 70 countries.
When Deutsche Bank approached the City for incentives in 2008, it said it was considering establishing a “nearshore” operations hub in Jacksonville that would create operations and technology jobs to support Deutsche Bank’s corporate, investment banking and asset and wealth management businesses.
With the proposed hub, Deutsche Bank said it planned to create 1,000 full-time jobs by Dec. 31, 2011. The high-skill jobs would pay an annual average wage estimated at $49,200, plus benefits, for an estimated annual payroll of $49.2 million.
The company also would invest $12.1 million in technology infrastructure and tenant improvements.
Deutsche Bank opened its Global Business Services Center office along Gate Parkway and continues to expand there.
“Our Jacksonville offices are a pivotal part of the GBS model,” said Slumbers.
He said the bank has “been truly impressed” with the quality of the business environment and employees in Jacksonville and specifically mentioned retired Brig. Gen. Mike Fleming, the new managing director and head of the Jacksonville center. Fleming took the position Sept. 1.
Slumbers outlined the extent of Deutsche Bank’s global reach and where Jacksonville fits in.
“Jacksonville is globally ambitious,” said Slumbers.
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