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AmericasSeptember 27 2023

Latam banks look at new ways to attract tech talent

While banks in the region are trying to anticipate which skills they will need in future, they are also focusing on how to diversify their talent pool across the board.
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Latam banks look at new ways to attract tech talentImage: Bloomberg

Technology professionals are among the most in-demand employees worldwide, and the war for such talent continues to heat up. Banks in Latin America are no strangers to the highly competitive search for quality candidates. Sixty-five percent of banks and financial services companies in Mexico, for example, reported talent shortages in 2022, according to recruitment agency Manpower Group.

And while 20 years ago there was the expectation that people would work for one company until retirement, today the career journey of each individual follows a less linear path. In addition, banks are experiencing difficulties when trying to find talent with different skill sets to those they looked for in the past.

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Barbara Pianese is the Latin America editor at The Banker. She joined from Mergermarket, where she spent four years covering mergers and acquisitions across Europe with a focus on the consumer sector. She holds an MA in International and Diplomatic Affairs from the University of Bologna having studied in Brazil and France as well.
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