Wednesday, May 07, 2008

Business: Heidrick & Struggles opens office in Thailand

Expansion targets demand for multinational and in-country executives

Bangkok (ANTARA News/PRNewswire-AsiaNet) - The world's premier executive search and leadership consulting firm, Heidrick & Struggles International, Inc. (Nasdaq: HSII), has announced the opening of an office in Bangkok, Thailand, as part of its ongoing expansion in the Asia Pacific region.

Heidrick & Struggles has 14 offices across Asia Pacific, in Australia, China, Hong Kong, India, Japan, Korea, New Zealand, Singapore and Taiwan.

The firm reported an increase in net revenue across the Asia Pacific region of 58.8 per cent to $US78.6 million for the year to December 31, 2007 or about 51 per cent on a constant currency basis.

Partner-in-charge in Bangkok is Michael Ascot, who has served in country manager and senior executive roles across Asia. In his recent career, Michael has focused on executive search and coaching.

Ascot has also held the post of Adjunct Professor of International Marketing for the Masters in Marketing degree program at Thammasat University in Bangkok.

Regional managing partner Gerry Davis says that the opening of the Bangkok office will address the "significant demand" for multinational and in-country executives.

"Michael is a 22-year veteran in Asia, with a well-established network in Hong Kong, Thailand, The Philippines, Laos, Myanmar and Vietnam. His background in leadership advisory services will also add to our existing activities in this complementary business to executive search," Davis says.

"Heidrick & Struggles aims to redefine leadership with innovative offerings in succession planning, talent management, team assessment as well as our core executive search expertise. We will continue to strengthen our leadership advisory role as we expand and partner with leading companies across the region to achieve the next phase of growth."

About Heidrick & Struggles International, Inc.

Heidrick & Struggles International, Inc. is the world's premier provider of senior-level executive search and leadership advisory services, including talent management, board building, executive on-boarding and M&A effectiveness.
For more than 50 years, we have focused on quality service and built strong leadership teams through our relationships with clients and individuals worldwide. Today, Heidrick & Struggles leadership experts operate from principal business centers in North America, Latin America, Europe and Asia Pacific. For more information about Heidrick & Struggles, please visit http://www.heidrick.com.

SOURCE Heidrick & Struggles International, Inc.
CONTACT:
Thomas Liddle,
Communications Consultant,
+ 61 2 8205 2376,
tliddle@heidrick.com,
or Eric Sodorff,
Director, Corporate Communications,
+1-312-496-1613,
esodorff@heidrick.com,
both of Heidrick & Struggles International, Inc.
Web site: http://www.heidrick.com

COPYRIGHT © 2008

No comments: