The center, called DB Global Technology, will employ 100 people by mid-2014 and 500 people by 2016 and it will be run by Marian Popa, 59.
The bank said in a statement that Popa will supervise the organization and development of Deutsche Bank’s fourth global technology center which will create up to 500 jobs in the IT&C sector by the end of 2016.
The center will be a platform for highly skilled software specialists, the statement also reads.
Popa had run Endava CEE (Central and Eastern Europe), between 2004 and 2012, a greenfield project which increased the number of employees from 40 to 800 people distributed to four divisions in CEE.
Deutsche Bank has been operating in Romania since 1998 and provides personalized products and solutions to the clients of the corporate bank and the investment bank, banking transaction services for corporate and institutional clients, as well as private banking services for private clients.