Senior Executive Market Updates – Anticipating 2023
The holiday season around the world is underway and we want to wish all of those in our global network and those who maybe considering a new career challenge in 2023 a very happy Christmas and holiday time and a remarkably successful new year.
The Senior Executive market in virtually all major business sectors and geographic regions has remained surprisingly active during what has clearly been a challenging year. The determination of organisations to find outstanding people who can manage transition and drive growth has fuelled what remains a hectic market, where the InterExec network of Search Consultants continue to hold exceptional mandates for appointments in the first quarter 2023.
As an example of market activity in the Financial Services and Professional Services sectors, Search Consultants report demand in a number of categories:
-Consumer Lending/ Asset Financing
-Asset Management/Investment Management
-Candidates with a background in PE
-Candidates with a background in Hedge Funds
-CFOs with FS/ PE experience
-NEDs with experience of the above categories.
-Data Strategy & Scoping
-Business transformation / Change Management / Digitalization
-Partner Level Candidates – Background in Financial Services / Energy / Renewables
-Lawyers -In House and Private Practice
-Public Sector/ Government/Corporate Affairs
-NED with Professional Services Experience.
The situation across many of the major business sectors reflects a similar picture in Energy, Manufacturing, IT, Aerospace, Retail and Health.
Looking geographically the markets in the US, EU, Middle East and Asia Pacific look strong into the new year. Comments from the InterExec network indicate how the year is ending and expectations for 2023.
“We expect a lot of activity in the first quarter”
“The areas where we are seeing the biggest movement are tech and supply chain, but most sectors are busy”
“The interim market across the board is particularly buoyant currently “ InterExec is uniquely placed to plan and implement the Senior Executive transition you may be considering, having done this for nearly 50 years. The InterExec team are specialists, with a wealth of experience and knowledge at senior executive level as former company directors or executive search consultants.
In planning for your next career challenge in 2023 getting that process underway early in the new year will take advantage of the surge in appointments Search Consultants continue to have mandates for. Please, do not hesitate to get in touch with the InterExec team, at any time up to 6 months prior to when you hope to move.