Whilst some sectors including Finance and Professional Services were positive from the beginning of the year, activity has now specifically strengthened across the major geographic markets in Chemicals, Building Supplies, Packaging, Engineering and Energy; particularly Oil and Gas.

Movement around IT Services and Consultancy is currently somewhat restrained as a number of the top tier firms in these spaces are reducing their staff globally, although this appears to have less effect at the Senior Executive level.

However, Senior Executives within the HR discipline seem to be in relatively high demand cross-sector and across the major geographic regions.

Internationally, markets are particularly buoyant cross business sectors in Asia and the Middle East. Europe, US and the UK continue to reflect a strong demand for Senior Executives that will drive growth and transformation.

Broadly speaking, demand for CFOs has also remained high regardless of sector.

Looking specifically at the broad Financial markets after the dramatic situations around Silicon Valley Bank (SVB) and Credit Suisse and the concern this generated there is nevertheless some good news.

London has again ‘clinched Europe’s financial centre crown’ countering predictions that Brexit would knock the capital’s competitiveness on the global stage, a new index reveals.

Though Brexit has arguably been damaging for the City, there are signs there might be some progress in improving relations between London and the EU following the signing of the Windsor Framework.

In particular, there are hopes that the deal could stimulate progress in Financial Services.

FinTech has become one of the fastest growing sectors in the world.

However, tech is also becoming of fundamental importance to Professional Services. From Digital Consulting, PE driven expansion into Education, the Legal Sector, regulation over and above Financial Regulation and Real Estate advisory; the impact of technology can be felt everywhere. In line with this, InterExec see a growing proliferation of Senior Executive roles in these sectors including:
Reg Tech (Regulatory Technology) Legal Tech, Real Tech (Real Estate Technology) Ed Tech (Education and Technology) as well as the ever-present FinTech including InsurTech.

Finding the right Search Consultant, with the most appropriate job opportunity to match your objectives in this unadvertised and often politically complex marketplace is one of the key InterExec skills. Additionally focussing and preparing you and planning the entire process by which you identify and find that new challenge is InterExec’s core skill.

In planning for your next career challenge in 2023, getting that process underway early will take advantage of appointments Search Consultants currently 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.