Signium Expands Into Africa
January 17, 2017 – Executive search firm Signium has expanded with the addition of Talent Africa in Johannesburg.
Talent Africa will form part of Signium’s EMEA regional offering and membership will allow them to service international clients not only in South Africa, but also in sub-Saharan Africa. The firm plans to re-brand as Signium South Africa by July.
“Talent Africa’s membership will add a significant footprint in sub-Saharan Africa for Signium,” said Ignacio Bao, chairman of Signium. “A major criteria for Talent Africa’s attraction to Signium is the fact that all offices are wholly owned by the local consultants. This will enable Talent Africa to maintain a level 2 Broad-Base Black Economic Empowerment (BBBEE) status as a Qualifying Small Enterprise (QSE).”
“It is imperative for Talent Africa to have global reach as increased interest is shown by foreign companies in sub-Saharan expansion, and Talent Africa specializes in the recruitment of executives in sub-Saharan Africa,” said Auguste (Gusti) Coetzer, director of Talent Africa. “Talent Africa will retain its South African roots while still being proudly part of the African continent serving these internationally-diverse companies, taking into account that a large portion of our business continues to focus on local and South African companies.”
The economy of Africa consists of trade, industry and agriculture. According to recruiters expanding in the region, business is booming and a number of search firms therefore have continued their migration to the continent.
South Africa has a mixed economy, the second largest in Africa after Nigeria. Despite this, South Africa is still burdened by a relatively high rate of poverty and unemployment, and is also ranked in the top 10 countries in the world for income inequality. However, South Africa is a popular tourist destination, and a substantial amount of revenue comes from tourism.
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Continued Expansion
Signium has recently been seen expanding in various other regions around the globe:
In October, it opened a new office in Buenos Aires, Argentina. Led by Rubén Heinemann, SIGNIUM Argentina serves a number of industries, including industrial, financial, business & professional services, as well as oil & gas throughout Argentina. Mr. Heinemann has over 30 years of cumulative C-suite and executive recruiting experience in the Argentine market.
Signium also recently opened a new location in Sao Paulo, Brazil. Led by Marcelo Apovian, Jorge Kraljevic and Gilberto Lara, Signium Brazil provides executive search services across industries, including industrial, consumer / luxury retail, financial, as well as business & professional services. The partners of Signium Brazil have over 55 years of cumulative executive recruiting / HR experience in the Brazilian market and have worked extensively throughout South America directly with global businesses.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media
