Roughly 1,000 people will be able to work at Nationwide’s new digital innovation centre when it opens. The Holborn office is a key part of the building society’s commitment to empower itself and its members with the latest technology.
It builds on Nationwide’s commitment from September 2018 to invest £4.1bn in technology over the next five years. The people working in the new London ofices will be part of the organization’s push into digital, data, engineering, architecture, development operations and design specialisms.
Moreover, it will also house the team developing Nationwide’s proposition in business banking. This is off the back of securing funding a £50m grant from the Capability and Innovation Fund earlier in 2019. Together, current workers and the 750 additional staff members Nationwide is looking to recruit will take care of the evolving tech needs of the building society’s 15 million members.
Joe Garner, CEO of Nationwide Building Society, iterated how important technological development is and, with the company having four million digitally active members, there is a need to keep innovating. And that is what the new innovation centre is dedicated to achieving.
Speaking about the new offices, Garner continued, ““We are excited to be returning to our roots in Holborn, where we were once headquartered back in 1894. All of our market analysis demonstrated the new location is the best place to attract industry-leading talent within the FinTech capital of the world.
“Purchasing a new site in Swindon is also an important part of our future, as we continue to help the local community to grow. With growing demand for our services, this is about recruiting skills and experience into Nationwide, alongside developing talent from within our current workforce, so that we have the broad range of skills needed to deliver the Society’s digital and data transformation strategy.”
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