Senior Executive Market Updates – Rising Tide
In broad terms, market activity can be seen as a rising tide with a many industries/sectors reporting an uptick in activity.
The market across the main geographic regions is somewhat uneven between sectors; spaces which struggled during Covid such as maritime, aerospace, hospitality and more industrial manufacturing are now seeing notable growth and expansion whereas spaces which were relatively constant or growing between 2020-22 such as IT Services and Consultancy have stabilised.
Thanks to sustained high levels of investment, demand for Senior Executives with PE experience remains particularly high as organisations look to invest in the transformation of investee businesses or driving growth.
Consumer FinTech is also buoyant globally.
Geographically, investment into Africa is also continuing at a pace and candidates with experience in start-ups or fund raising in sub-Saharan Africa are in particularly high demand.
Across the major business sectors there is sustained activity in the Far East, Middle East, Latin America and the US, as well as the UK.
The focus remains for Senior Executives with proven skills especially in the transformation of business, driving new strategies and growth.
The Financial and Professional Services markets are especially experiencing a period of interesting developments in Legal, FinTech, M&A as well as Property/ Real Estate and Regulation.
ESG / Sustainability sectors are seeing higher levels of activity. Clearly a substantial amount of time and resource is now being spent on defining, measuring and regulating sustainability and diversity. Hence, there is a growing demand for Senior Executives in the sector.
Within the FS and PS sectors there is specific current interest from Search Consultants in the following areas:
Financial Services Sector
-Risk & Compliance
-Senior Executive specialists in technical areas such as Tax, Pensions and Forensic Accounting
-Treasury and Capital Markets
-PE – all aspects including M&A practitioners for PE funds and CFOs for PE owned businesses.
-Insurance
-ESG in Financial Services Firms
-Energy, Sustainability, Renewables
-Real Estate
Professional Services
-Legal
-M&A
-Management Consultancy – Energy, Sustainability, ESG, Digitalisation
-Business Change Business Transformation
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 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.