Senior Executive Market Updates – Q4 Market Activity

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.

Working with our global network of 15,000+ search consultants gives us access to up to the minute market knowledge and information on the mandates that are currently active. Across the geographic regions and the major business sectors the InterExec network is a proven route for Senior Executives to fine their ideal target role.

Market conditions continue to be strong in several business sectors and geographic regions. The InterExec network report an encouraging situation in Q4 and positive expectations for Q1. The comment of one search consultant summarises a broad view, “The market is holding up after a busy year for us”.

From a sector perspective, partner level executives from major strategy consultancies remain in very high demand whereas comparatively, the likes of IT services are not seeing the ‘churn’ required to create a high volume of senior roles during periods of relatively low growth. In essence, many senior execs in this and other flatter sectors are choosing to ‘stick rather than twist’ and remain in their current roles more so than would be typical.

That being said, many search consultants have expressed that this situation is likely to change quickly during Q1 of 2024 as the backlog of executive moves reduces and market churn picks up in tandem with expected higher growth.

The market in the GCC is still very buoyant cross-sector; multiple search consultants in the region have confirmed that recent geo-political events are yet to have an impact on market conditions and investment remains very high throughout the region.

Investment in the Private Equity and Venture Capital spaces is showing strong signs of recovery although high interest rates are hampering things somewhat. Again, conditions are expected to improve notably come Q1.

In the professional services sector there remain a number of specific areas where there are increased levels of activity, including:

• Consultancy
• Technology particularly digitalisation and AI
• ESG / sustainability / renewables / energy / climate and energy policy
• Corporate strategy / financial strategy
• ECM (enterprise content management)
• Treasury consultancy
• Business transformation advisory
• Financial transformation advisory
• Infrastructure advisory
• Capital markets advisory
• Finance roles in professional services firms
• Legal roles
• Operations directors in professional services companies

Focussing and preparing you and planning the entire process by which you identify and find that new challenge is InterExec’s core skill.

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.