First Global Executive Search and Leadership Consulting Firm to Open a Third
Office in Mainland China
SHANGHAI, China, Nov. 29 /Xinhua-PRNewswire/ -- Heidrick & Struggles
International, Inc. (Nasdaq: HSII), the world's premier executive search and
leadership consulting firm, has announced the opening of its third office in
mainland China, strategically located in the heart of Chongqing, a major
industrial base in southwest China.
Chongqing has attracted many multinationals in recent years, including
ABB, American Standard, Rockwell, Honda, Suzuki, Isuzu, Yamaha, Mobil,
Samsung, and Sony Ericsson. In 2005 Chongqing had a nominal GDP that grew
11.5 percent to 310 billion yuan (US$38.75 billion). According to a
spokesperson from the Chongqing Municipal Development and Reform Commission,
Chongqing is expected to double its per capita GDP in 2007, three years ahead
of the timetable set in China's 11th Five-Year Plan (2006-2010).
"With the demand for highly qualified senior talent in fast developing
regions across Asia, Heidrick & Struggles has consistently moved with our
client organizations into new markets. Our strategy is to invest ahead of
other executive search firms in opening new offices and offering innovative
leadership consulting services such as assessment and talent management. In
line with our growth strategy, we were the first foreign executive search
firm to be granted a JV license to operate in China, and we were also the
first to open multiple offices across China," said Gerry Davis, Regional
Managing Partner, Asia Pacific at Heidrick & Struggles.
Added Steve Mullinjer, Managing Partner of Heidrick & Struggles
China: "Following the central government's China Western Development
strategy, many multinational companies consider Chongqing to be
China's 'Gateway to the West,' particularly with the extensive infrastructure
and transportation works currently underway in the city and the completion of
the Three Gorges Dam project in 2009. We have chosen to be physically located
in Chongqing as it is strategically important to many of our clients.
Initially, this office will focus on industrial, consumer and technology
clients who are investing in Chongqing and nearby Chengdu. A central theme of
our China strategy is to be where our clients need us most."
About Heidrick & Struggles International, Inc.
Heidrick & Struggles International, Inc. is the world's premier provider
of senior-level executive search and leadership consulting 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 .
