Latest News - Finance Sector Drives 2012 Interim Manager Demand
Tuesday Jan 24
Some positive indicators for 2012 for Finance Interims
Finance sector drives 2012 Interim Manager demand
A 22% increase in the demand for interim managers in the quarter to 30 September 2011 means demand is now at its highest level since Q3 2009.
The research from the Interim Management Association, carried out by Ipsos MORI, shows that in the period to 30 September, 43% of all interim managers were placed in the banking and financial services sector, the highest level since Q1 2010.
Interim managers can earn as much as 2,000 a day, according to interim recruiter Interim Partners.
The companys director Andrew McIntee says: One new area of demand is for those interims that have the experience to help banks work through the restructuring of their large portfolios of distressed debt.
They are assisting banks both in the sale of books of loans and in helping ensure that the banks can recover the most that they can out of a borrower that has defaulted.
Source: www.recruiter.co.uk - 4 January 2012
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