Senior Executive Market Updates – A time to act
Traditionally September to November is a key time when the global Senior Executive appointments market sees a surge in new mandates and planned appointments for the New Year ahead. 2022 is absolutely no exception to that trend and across most key business sectors and in the major geographic regions the InterExec network of Search Consultants is reporting an extremely active situation.
In broad terms, Search Consultants have consistently been saying that they are expecting a very busy Autumn. 2022 was to an extent characterised as a mandate driven market; opportunities being at a premium as opposed to candidate availability.
Due to a combination of factors, the sense is now that the market is transitioning into a candidate driven market; quality, high calibre executive candidates are increasingly at a premium whilst the volume of mandates being presented is increasing exponentially.
There is a sense that organisations are once again becoming more confident to make strategic hires; the economic outlook may not be the rosiest but with some clarity as to what the macro-economic landscape looks like, the InterExec network reports a highly positive demand for experienced Senior Executives in many market sectors.
The industrial market is busy, especially across Supply Chain, Operations, Procurement, Logistics & Private Equity.
Generically speaking there’s still a big drive in the market for diverse hires and Senior Executives with PE experience.
Another area experiencing a high level of activity is the VC/PE backed Renewable Energy market.
Consumer/FMCG remains buoyant. Again, especially across Supply Chain & Logistics.
In the Financial and Professional Services markets there is clearly significant and growing demand for outstanding candidates in several sectors. On the Financial Services side, Investment Banking, Corporate Banking,
PE/VC, Energy, FinTech, Credit Risk (modelling) and Market Risk (modelling all feature, along with technical Financial Services areas (CFOs and Actuaries).
On the Professional Services side ,the demand for senior business change consultants continues and there are numerous opportunities in Legal, Education and Consulting.
Higher interest rates are typically better for banks and there are sectors of Financial Services which do well in periods of volatility so it is not a black picture despite worries over inflation and energy costs.
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 surge in appointments Search Consultants now have mandates for. Please do not hesitate to get in touch with the InterExec team.