El Paso Center to Offer Jobs, Training
May 5, 2014
Staff Reports -- HispanicBusiness.com
Prudential's business center in El Paso will offer jobs for military veterans (Prudential)
Prudential Financial Inc. announced Friday it plans to open a business and technology services center in El Paso that will offer jobs and training to military veterans and their spouses, along with people from diverse backgrounds in the community.
"We're delighted to open our new technology and business operations center in El Paso," John Strangfeld, Prudential chairman and CEO, said at a news conference at El Paso City Hall.
Texas has the second largest number of veterans (1.6 million) nationally, according to the Department of Veterans Affairs, with 48,000 of them living in metropolitan El Paso. Nearby Fort Bliss adds more than 6,000 veterans a year into the job market.
"Prudential's focus on filling these quality new jobs with Texas' capable veterans is a move that will greatly benefit employer and employee alike," said Texas Gov. Rick Perry.
Barbara Koster, senior vice president and chief information officer at Prudential, said the decision to locate the center in El Paso was influenced by its "triangle of business" model of collaboration between military and academic institutions and the Borderplex Alliance, a privately funded economic development group that partners with the City of El Paso and business leaders in the El Paso metro area.
"This creates a powerful and supportive business environment," added Ms. Koster, who heads Prudential's Veterans Initiatives program.
Mayor Oscar Leeser said the city and its partners are committed to the success of the project, while Borderplex Alliance's CEO Rolando Pablos said that "Prudential's presence in our region will not only enhance our financial services cluster, but it will also bring high quality jobs to our citizens."
Prudential worked with the Borderplex Alliance and the University of Texas El Paso to open the new center, which is expected to create about 300 new jobs over the next several years, according to a news release.
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