Kennedy Executive Search Partners With Ikelosz In Budapest

January 30, 2017 – Kennedy Executive Search & Consulting, a network of independent executive search firms, has partnered with Ikelosz in Budapest to strengthen its presence in Central Eastern Europe, an expanding region for recruiters.

George Kobelrausch, Ikelosz’s founder, has been working in the search sector since 2005 after a career spanning blue chip companies, including Unilever. He has a track record of over 10 years in executive search and has recruited senior leadership functions in Hungary and other countries in CEE. He is an experienced business coach and certified consultant of the Innermetrix personality assessment system. His team includes Klara Gorog, a senior consultant with 20-plus years’ experience in the pharmaceutical industry, who heads up its life sciences practice.

“We are very happy and proud to join Kennedy Executive Search & Consulting this year,” said Mr. Kobelrausch. “For us to be part of a top level executive search firm will help us drive our business forward in a growing economy. Sharpening our skills by exchanging information and practices through the Kennedy network will ensure that we constantly evolve and are at the forefront of our field.”

He said that although many of its search and selection projects are focused on Hungary, most of the firm’s clients are multinational companies. “We understand the needs of international clients and we therefore can identify candidates who fit to a given company culture. Our credo is very close to Kennedy’s: we strive for superior performance. Kennedy will enable us to be more competitive by leveraging the strengths of partners in both Europe and North America.”

Expansion Opportunity for Recruiters

Budapest is a significant economic hub, classified as an Alpha-world city in a study by the Globalization and World Cities Research Network and it is the second fastest developing urban economy in Europe. The city is a major center for banking and finance, real estate, retailing, trade, transportation, tourism, new media as well as traditional media, advertising, legal services, accountancy, insurance, fashion and the arts in Hungary and regionally.

“Budapest is a strategic destination for us,” said Jorg Stegemann, Kennedy Executive Search CEO. “Being the regional headquarters of numerous multinational companies the business role of Budapest is far more important than merely the capital of Hungary. The high concentration of the automotive industry and related suppliers makes Hungary a preferred location of production companies.”

In recent years, he noted, Budapest boasted the highest number of global shared service centers in Europe due to the availability of a flexible and highly educated workforce. “We are excited to have a second strategic and beautiful location in the CEE region after Delta Advisory in Prague / Czech Republic, and we believe Ikelosz is the right partner for us based on the quality of their service and their excellent cultural match.”


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Kennedy Executive Search offers what it calls “360 talent management,” from executive search to coaching during a placement’s integration period, and consulting services. The firm services clients across Europe and North America, with offices in Amsterdam, Copenhagen, Denver, Frankfurt, London, Milan, Paris and Prague.

This past fall the firm formed an alliance with Frisenberg J. & Associates, a recruiting boutique based in Monaco founded in 2001 by Caroline Frisenberg. Ms. Frisenberg has a 10-year track record in executive search; she has recruited for senior level leadership functions in 17 European countries, the Middle East and South Africa.

Just recently, Kennedy also partnered with Integrated People Solutions (IPS), a Denver-headquartered boutique executive search firm founded in 2000 by Eric Pringle. From animal pharmaceuticals to telecom technologies, from non-profits to waste services providers, IPS helps companies build and maintain innovative people strategies to support their business goals.

Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media

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