Senior Executive Market Updates – Spring into Action

Over four and a half decades ago InterExec was established to support Senior Executives as they hunt for their next challenge and career step. It remains unique as an organisation with a global network of over 15,000 Search Consultants, covering all business sectors and the major geographic markets. The InterExec process including planning and an implementation campaign is a proven route for Senior Executives to maximise the opportunities to achieve their optimum target.

The current market for Senior Executives, especially those who can drive growth and transformation of an organisation, is increasingly dynamic. Given the average timescales from starting a search to appointment, getting that process underway sooner rather than later in the current marketplace is clearly worth consideration.

Market Overview
The InterExec network report particular activity in the Communications sector right now, especially in the Chemical and Energy related sectors across the major European markets.

Search Consultants report that business has been good and improving this year for a very broad range of focus, predominantly in the UK , US and rest of Europe including Energy Transition, Packaging and Food Manufacture.

Additional reports of increasing activity globally particularly within the Automotive, FMCG and Banking sectors.

Equally stronge sectors include Tech and B2B again in Europe, the Middle East and Asia Pacific.

Feedback from Search Consultants in the Middle East suggests that the high level of investment and senior hiring activity which has characterised the last few quarters is likely to continue once Ramadan and Eid are completed.

Some markets which were slower in the years 20-22 are now seeing accelerated expansion; sectors including aerospace, aviation, retail and hospitality now have the confidence to invest in senior hires to drive growth or transformation in a way which previous uncertainty precluded.

In the Financial and Professional Services sectors the effect of the UBS / Credit Suisse situation will have an impact on the market, especially in Europe with both people movement and competitive financial institutions looking to acquire any fallout in terms of investment clients.

Search Consultants in the FS and PS sectors point out that we are moving to a world where regulators and central banks will have to set principles for the use of new technology rather that attempt to either constrain it or set rules for each new development The moral of the story advisedly being, ‘working in compliance is about to become very lucrative. ‘

Across the major geographical markets the following specific areas are particularly active:

Financial Services
Openings in PE owned businesses (including Healthcare and FinTech).
Increasing opportunities across the global Insurance Sector.
Specialists in Tax and Treasury.
Compliance.
Renewables / Sustainability / ESG.
NEDs – FS per se and other areas where FS knowledge is required.

Professional Services
Management Consultants – across all major sectors.
NEDs from the Professional services sector.
Lawyers including GC roles in specific sectors including FinTech and Energy.

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.