December 7, 2018 – Executive search consultants are seeing an increase in hiring mandates from around the world. To meet demand, they continue to develop new practices, hire new recruiters and open new locations.
Global recruiting organizations, meanwhile, are taking advantage of a resurgence in certain geographic areas.
Luis Saverio Stateri, founder, chairman and CEO of Business Partners Consulting had dismissed overtures from various international search networks over the years, but said the advantages of becoming a partner with Friisberg were both numerous and compelling.
“Executive search in Brazil has been an exciting market for some years now,” said Mr. Saverio Stateri. “I have been privileged to have been part of that and seen the rise in demand for internationally experienced executives here for approaching two decades. I am absolutely delighted to have found like-minded search professionals in Friisberg and I am looking forward to working with more multinational clients in South America in general and Brazil in particular.”
Peter Strandberg, chairman of Friisberg, said his firm was impressed by Business Partners Consulting’s combination of local market knowledge and its international outlook. “It is representative of exactly what Friisberg offers in every country we operate – a thorough and professional approach to identifying and securing the best business leaders for our clients, irrespective of national borders,” he said. The “firm in Sao Paulo is a great addition to this partnership, and I know our clients will welcome this extension of our capabilities into such a vibrant economy as Brazil.”
Established in 2007, Business Partners Consulting is headquartered in São Paulo and has offices in Campinas, Curitiba and Chile. It offers executive search, recruitment, human resources, RPO and consulting services. The firm serves a wide array of industries.
Brazil is the largest national economy in Latin America, the world’s eighth largest economy at market exchange rates and the seventh largest in purchasing power parity, according to the International Monetary Fund and the World Bank. It has a mixed economy with abundant natural resources and is projected to become one of the five largest in the world in the decades to come.
Data suggests that the economy in Brazil has turned a corner, after GDP contracted sharply in 2016. The manufacturing Purchasing Managers’ Index recorded the best result in over two years in March and both business and consumer confidence rested at multi-year highs. In addition, the country logged a record $7.1 billion trade surplus in March, aided by strengthening commodity prices.
Founded in 1977, Friisberg & Partners International has been involved in executive search in Europe for over 40 years. Today, it has more than 200 search professionals in upwards of 40 major cities around the world.
Recently, Friisberg & Partners added Argento Consultores in Chile as a member firm. Led by Gabriela Castro Sepúlveda, the firm has offices in Santiago, Chile and focuses on executive search for multinational clients with operations in Chile and across South America.
Search firms continue to see growth opportunities in South America. Here is a look at few recruiting companies that have expanded in the region in recent months.
IRC Global Executive Search Partners added Buenos Aires-based executive recruiters HighFlow as its newest member firm. The firm specializes in the finance & banking and sales & marketing sectors. The new member focuses on “customized solutions for clients, delivering the highest standards of quality and professionalism, ensuring outstanding results,” said IRC.
EMA Partners International strengthened its presence in South America with the addition of recruiting firm Airaldi Smart Human Connections in Buenos Aires. Lucrecia Airaldi has been appointed as the managing partner for EMA Partners Argentina. Ms. Airaldi is the founder of Airaldi Smart Human Connections, the predecessor firm for EMA Partners Argentina
AltoPartners added São Paulo, Brazil-based executive recruiters Plongê gente e gestão as a member firm. Plongê, founded by Alda Araújo, Ana Luiza Loureiro and Renata Fabrini, is a consultancy firm focused on people strategy. Plongê has a clear purpose grounded in four core values: authenticity, provoke, depth and embrace, said the firm.
Horton International has opened an office in Lima, Peru.
Horton International Peru provides executive search services across a number of sectors, including: consumer, food industries, fishing, mining, retail, manufacturing, automotive, distribution and logistics, airport services, consulting service, banking, construction, healthcare and more.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Andrew W. Mitchell, Managing Editor – Hunt Scanlon Media