Senior Executive Market Updates – August remains hot!
According to the latest information from an in well informed cross section of InterExec’s global network of over 15,000 Search Consultants, the market for Senior Executives remains hot.
Despite the usual vacation period, activity across the major geographic regions and in key business sectors continues to be strong with Search Consultants reporting a significant number of mandates for Senior Executives, who can drive transformation and growth.
The media might struggle to publish anything but doom and gloom, whilst the reality is that Corporate and PE organisations are clearly endeavouring to forge forward with finding the best talent.
Some comments from the network:
“ Its been really busy for us, with most search signed in July and delivery set for the end of August, so we are flat out….”
“ We are still seeing a very buoyant market, specifically PE still have money to spend and are investing at the front end. There is some nervousness around the macro economic conditions but certainly there are deals to be had and people are still confident to press ahead.”
“ Outstanding Senior Executives are in high demand internationally, cross sector. We have just had a record 18 months.”
Market Updates and Overview
Search Consultants internationally are busy at the Senior Executive level, with market activity expected to increase into September regardless of ‘shaky’ economic news in the UK, Europe and US.
The IT services space is very active within the UK and EU markets currently, in particular demand is for candidates with transformational and sales growth experience.
The IT skillset (CIO/CTO) is also increasingly in high demand cross sector and internationally.
Similarly, commercially focused roles such as Head of Sales, Sales Director (Front line, revenue generating leadership roles) are continuing to be in high demand.
Energy transition, Sustainability, Healthcare and Digital are all currently highly active.
The Aviation market is seeing high demand especially in the Middle East, Saudi Arabia being a good example where a second national airline is planned. From several of the InterExec network there are strong indications that the Aviation sector has bounced back.
In Financial and Professional Services there is continuous demand in a number of
Sectors, including Financial Services Consultancy, Regulation, Risk, Digitalisation, Business Change and Private Equity. Private capital remains a big trend with pure PE, Infra Funds and SWFs’.
Taking account of the wider views of the InterExec Search Consultants network there are clear indications of the roles and sectors within Financial and Professional Services that will increasingly be in demand in the coming months. These include Sustainability, Risk, Regulation and Compliance, Big Data /AI/Blockchain, FinTech, Private Investment, Ethical banking, Environmental, Social and Corporate Governance.
The InterExec network of Search Consultants provides up to the minute market information as well as detailed knowledge of current mandates by sector and region.
In searching for your next key challenge this is an ideal time to get that process underway to take advantage of the customary surge in appointments from September to November. Please do not hesitate to get in touch with the InterExec team.