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Executive Recruitment Market Looks Set To Take-Off In 2011 - Number Of Senior Executive Vacancies Notified In Banking Sector Up By 147%, Says Interexec

Date 06/12/2010

New figures compiled by InterExec, the Confidential Agent for executives seeking over £150k, have revealed that the number of senior executive vacancies notified to them in the financial services sector from its current database of over 4,000 UK headhunters, has increased by 65% in the last 12 months, with the number notified to them in the banking sector increased by 147%.

The figures also reveal that November has produced an all time record of 560 vacancies notified, 38% up on November 2009, with variations according to Industry and Discipline:

Top Industry Changes Top Discipline Changes
 

Oil & Gas                          +124%

Financial Services             +  65%

Professional Services        +  48%

Manufacturing                  +    4%

Construction                     -   17%

TMT                                 -   24%

 

Bankers                               +147%

Sales Directors                    +  88%

CEO/MDs                            +  62%

Management Consultants    +  25%

CIO/IT Directors                 +  20%

Finance Directors                +    6%

Headhunters surveyed by InterExec last month were found to be buoyant and optimistic for the first quarter of 2011 with indications that January will be another record month in the market. 

Kit Scott-Brown, managing director of Interexec, commented: “What we found in the Banking sector is not surprising; despite its ups and downs this sector has been remarkably resilient, and the unprecedented rise in job vacancies among the sector, which have been notified to us, just confirms what we are being told by clients - that individuals have been waiting for the market to improve and now think it is time to make their move.”