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Penrhyn International Chairman, Nirmit Parekh Speaks at Executive Talent in Asia Summit

Penrhyn International Chairman, Nirmit Parekh Speaks at Executive Talent in Asia Summit – A Global Perspective on the New Battleground presented by Search-Consult.com

PRESS RELEASE

Penrhyn International, a global leader in retained executive search with presence in 21 geographies and annual revenues exceeding US$ 40 million, announced that Mr Nirmit Parekh, Chairman will be participating in a panel discussion regarding the regional differences in recruiting.

Few would argue that Asia represents the major battleground in the Global war for talent. McKinsey calculates that China alone will see a 22-fold increase in the demand for globally experienced leaders over the next decade, and similar talent shortages may be seen in many other parts of the region. As a result, data is already revealing a 20% year-on-year growth in the number of executive searches underway as local firms fight with multinational organizations to attract and recruit top talent.

Against this backdrop, globally minded leaders interested in the latest executive talent trends will convene at the Island Shangri-La Hotel, Hong Kong on November 6-7 to discuss these critical issues. Speakers from across Asia, the United States and from Europe will ensure that this event provides a unique opportunity for delegates to understand how this battle may be won.

The Asia-Pacific region is made up of a number of countries with hugely divergent cultures, economies and socio-political settings. It is, therefore, no surprise to learn that the recruitment approach which works in one country may be less successful in another. This exceptionally selected panel led by Joe D. McCool, Writer on Executive Recruitment, will provide delegates a valuable opportunity to learn from leading experts about the particularities of each country, focusing on how these differences can affect the executive recruitment process.

With more than 18 years of industry experience, Nirmit is regarded and acknowledged as one of the pioneers of retained executive search consulting in India. Over the last decade he has successfully partnered with hundreds of clients. In 2006 he was awarded the Penrhyn Chairman's award for his significant contribution to the network. He has led Board, CEO, COO and other C-suite searches for large Indian Groups and also Multinationals. Nirmit currently serves as the Director on Global Board of the Association of Executive Search Consultants (www.aesc.org), the worldwide association for retained search industry.

Penrhyn International (www.penrhyn.com) is a worldwide partnership of independent executive search consulting firms, working together to provide the highest standards of service in international assignments. Member firms are all leaders in their national markets, and help their clients meet their international staffing requirements through this partnership. Penrhyn International has been ranked amongst the Top 20 retained search firms globally. It was formed in 1979 and today it has 21 partner firms represented in 32 key cities.

For further information, please contact Mr John Chen, Managing Director, Foster Partners South East Asia at johnchen@fosterpartners.biz or mobile +6012 221 6775.

Penrhyn International

Mr Nirmit Parekh
Chairman of Penrhyn International 2007/2008,
2007 AESC Board of Directors,
2007 AESC Asia Pacific Council,
Managing Director and CEO of 3P Consultants, India

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