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Options Group Opens New Office in Shanghai, China

2007-07-11 08:57 5066

SHANGHAI, China, July 11 /Xinhua-PRNewswire/ -- Options Group, a leading global executive search and strategic consulting firm, announces the opening of its Shanghai office, Options Group Shanghai, to meet the growing demand for services in the Asia-Pacific region. Vice Chairman Gene Shen will lead the effort into the fast-growing Chinese market.

"It is an opportune time for Options Group to open an office in Shanghai, China due to the tremendous prospects here in capital markets, private equity and the hedge fund community," says Shen, who has 24 years of experience in the executive search field. For the past two years, the Firm has fulfilled client needs in both Shanghai and Beijing, covering the mainland market out of both Hong Kong and New York, and has native Chinese consultants situated throughout the world.

"Options Group continues to expand its presence in emerging markets such as Brazil and China to meet this growing demand for real-time market intelligence globally," says Options Group CEO Michael Karp. Options Group, which is headquartered in New York, also has offices in London, Hong Kong, Newport Beach, Sao Paulo, Dubai, Sydney and Tokyo.

"We already are working on numerous strategic initiatives with established local and multinational companies to capitalize on the demands of similar global clients," says Ike Suri, Co-COO of Options Group. "Our mission in the Asia-Pacific region is to service our client’s needs in not only Tokyo and Hong Kong, but in emerging money centers such as Shanghai as well."

In conjunction with the office opening, Loran Fredric joins Options Group Shanghai as a Vice President and will be a search consultant. A graduate of Harvard University, Loran is fluent in Chinese and worked in the Englishtown division of EF Education, the world’s largest private education company. Loran launched the Life Club concept for EF English First in Shanghai, Beijing, and Guang Zhou/Shen Zhen, leading a team that secured national and local strategic partnerships in those regions. The Firm also has hired additional staff to handle execution and research responsibilities in Shanghai.

About Options Group

Options Group is a leading global executive search, market intelligence and strategic consulting firm with a focus on the financial services industry. Founded in 1992, Options Group has always prioritized maintaining an intimate relationship with the financial services industry and its key participants. Our geographic reach continues to expand to cover both established and emerging markets in the Americas, Europe and Asia. Since 2000, our search consultants have placed thousands of financial services professionals in Global Markets, Alternative Investments/Hedge Funds, Investment Banking, Quantitative Research and Technology.

Source: Options Group
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