It is summer and for many that means thinking about vacation, travel and R+R. In more normal times the market for Senior Executive appointments is often slower at this time of the year.

However 2022 is proving to be a less than ordinary year. The global effect of the pandemic, the pressures on the economies of several major market sectors and countries, as well as the uncertain times in the Ukraine region might have suggested a further slow down. Quite the contrary, Corporates in a wide range of business sectors and across the major markets are clearly keen to recruit outstanding Senior Executives to address the issues of transformation and growth.

The global InterExec network of leading Search Consultants consistently report a highly active situation where demand for experienced candidates significantly exceeds the Senior Executives entering the market in search for their next key challenge.

With over 45 years experience of working with thousands of Senior Executives in every business sector, it is the firm view of InterExec that the opportunities currently opening up make this an ideal time for those considering their future direction and role to make a move.

Market Updates and Overview
In the UK it is the half year reporting season for banks; over the course of last week Barclays, HSBC, NatWest and Lloyds released their half yearly results. Overall, the underlying figures were solid and in line with expectations, which is positive for UK PLC sand for job opportunities in the sector.

On the Professional Services side there is continued strong activity in Business Change across the major geographic regions. Generally, sectors of particular activity are Sustainability, ESG, Energy, FinTech, Risk, Compliance & Regulation.

Private Equity in several sectors is currently busy with a number of Senior Executive mandates available.

Again in the UK and across Western Europe the FMCG market is particularly busy. There is specific demand for MDs, Commercial Directors and Operation Directors.

The InterExec network confirm strong activity across all business sectors, including Life Science / Med Devices, Infrastructure / Construction, Consumer & Engineering. An evolving segment of the market is Waste to Energy, whether it’s Food, Dairy, Crop or Water. The sector is seeing increasing levels of investment in Europe, US and Middle East markets.

The broader Energy market is constantly active, especially within Energy / LNG / O&G / Energy Storage / Electric Vehicles / Clean Fuels. There are global Senior Executive roles in all these areas, cross function within PE backed or Corporate businesses.

In a more general sense the Search Consultant network has been talking about different forms of hybrid working but this has always been speculative. Recently a number of Senior Executive mandates have emerged which reflects a growing demand for alternative management structures in several business sectors.

As previously reported, more contacts are currently transitioning to the US market, especially across HR & Energy sectors.

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 please do not hesitate to get in touch with the InterExec team.