IMD International Search Adds New Member in Romania

February 28, 2020 – Global executive search consortium IMD International Search Group has strengthened its presence in Eastern Europe with the addition of Bucharest, Romania-based New Age Balance. The firm joins IMD member firms in Poland, Hungary, Czech Republic and Slovakia.

A fully retained generalist executive search firm, New Age Balance operates in almost all IMD industry practices. Aside from traditional sectors, other areas are rising in Romania and the Balkans, such as agile transformation, digitalization, lean process optimization and continuous improvement. New Age Balance partners Loreda Dragomir and Bogdan Costinescu operate in Romania in services besides executive search. They also perform cross-border activities through CEE and CIS, with executive search and other services.

Previously, Ms. Dragomir managed the Romania and Bulgaria practice of a German executive search group. She gained extensive experiences in the executive search industry and worked as chief operating officer then country manager for the Romanian branches of major executive search global groups.

“With over 15 years’ experience in HR consultancy and human capital advisory in Romania and Balkan region, the senior consultants of New Age Balance are your ideal partner for development of any company’s full potential by corroborating international exposure with Eastern European knowledge,” Ms. Dragomir and Mr. Costinescu said. The firm’s team offers depth of understanding of the local market, as well as a strong, updated network of top candidates. “Our experienced team in the Eastern Europe / Balkan region has a highly successful track record of both local and cross border mandates and will make sure you will find the best talent for your specific endeavors,” the partners said.

The firm covers various industries, including pharmaceutical, industrial, automotive, financial, consumer/ retail and a full portfolio of services – executive search, interim management, market mapping, assessment and development, professional coaching and more. “We are excited about becoming an IMD partner for the region, and look forward a long lasting and successful collaboration,” New Age Balance said.

“It was very important for us to put Romania on the IMD map,” said Matthias Mohr, IMD president and managing partner of Dr. Heimeier & Partner. “The country has welcomed many relocated industries from Western Europe and has now a vast array of high technology manufacturing companies and subsidiaries, so the business prospects are very positive.”

Global Search Organization

Founded in 1972, IMD International Search Group is one of the top 15 global search organizations with more than 40 offices in major markets and business centers throughout the world. Its executive search professionals, many of whom held senior positions in the industry sectors they now serve, conduct hundreds of senior-level searches for clients worldwide each year.

In October, IMD strengthened its presence in Scandinavia with the addition of Nordic Search Group in Denmark. This bolsters the IMD Scandinavian team, which is composed of Panamera|IMD in Norway, Lisberg in Sweden and IMS Talent in Finland.

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Birgitte Dyreborg, managing partner at Nordic Search Group, has 14 years of executive search experience and founded the company in 2014. She works with four associate partners, whose experience in executive search range from six to 15 years. The firm focuses on the FMCG/retail, financial services, life science, and information technology sectors. It provides executive search, board search and leadership assessment across a broad spectrum of functional disciplines. “Nordic Search Group has strong ethics, integrity, and professionalism, which shows in results and feedback from clients who grant high rates on satisfaction surveys,” IMD said.

IMD also expanded in the Asia-Pacific region with the addition of I Search Worldwide in Singapore. The I Search Worldwide team operates mainly in the following industry practices: consumer, supply chain, manufacturing, healthcare, engineering and business services sectors.

IMD also recently elected a new board member and prolonged the mandate of two others at its annual general assembly in Paris. Simona Cremascoli, partner at Milan-based member firm Carter & Benson, joins the IMD board as director in charge of internal communication.

Dr. Mohr, IMD president and managing partner of Dr. Heimeier & Partner, said the consortium was proud to have Robert Allen join the fold. “This is a very solid firm with experienced partners offering high quality services to their clients,” he said.

Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media

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