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US financial group opens business centre in Krakow


Brown Brothers Harriman (BBH), a privately-owned US financial advisory and investment management firm, on 18 July announced plans to hire 200-300 staff over the next two years for a new business centre in Krakow. The unit, BBH’s fifth in Europe and first in the CEE region, will provide financial and investment services to asset management companies and other financial institutions. It will also offer technical support to the group’s clients, the only centre in BBH’s European network to do so. University graduates will represent 50-60% of it staff, mainly persons with degrees in IT and economics.

The US group had considered a total of six locations, including three in Poland (Warsaw and Wroclaw being the other two) and three in Ireland. In the words of Michael McDonald, Managing Director of Brown Brothers Harriman Polska, Krakow was selected for its excellent growth in recent years, very good infrastructure and a large pool of highly-qualified university graduates.

Brown Brothers Harriman operates in about 20 locations in North America, Europe and Asia.

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