Outsourcing has spread to Asia, with Malaysia’s largest banking group being the latest to announce an IT outsourcing agreement. Maybank (Malayan Banking Berhad) has signed a 10-year IT outsourcing agreement with Computer Sciences Corporation (CSC) valued at approximately $340m. Around 320 Maybank employees will transfer to CSC, now responsible for providing comprehensive computing services to the bank.
Datuk Amirsham A Aziz, president and CEO of Maybank, said: “This is a strategic initiative to secure quality IT infrastructure services from experts in the business, to allow us to focus more of our energy and resources on offering enhanced financial products and services to our customers.”
