Securing Three Critical Board Appointments.
Finastra
Finastra, a global FinTech, saw an increased demand from their clients for Cloud and Digital solutions. As such, they went through a period of rapid growth. They turned to NP Group when the requirement to appoint a new President arose. They knew they could trust us with this senior confidential mandate and felt secure in the knowledge we could deliver high-impact talent quickly.
A team of 3 consultants with specialist experience of making executive appointments within the FinTech sector began work on the mandate. From establishing an Employee Value Proposition (EVP) to mapping competitor and complementary industry landscapes they made immediate and rapid progress. Within just 5 weeks we were able to provide a world class shortlist and subsequently appointed an executive to this role who had an impressive track record of leadership and driving revenue growth.
Through our Rapid Executive Search Methodology, we achieved the following:
President-level candidate submissions
Applications to interview rate
Weeks to successful appointment
“ Client Quote “
The Challenge
Finastra is a global FinTech with over 10,000 employees in 42 locations around the world. Through an increased demand from their clients for Cloud and Digital solutions, Finastra was expanding into the Americas, Middle East, African and Asian markets through acquisitions and organic growth. To help drive their continued growth, Finastra’s CEO and Global HR Director needed a partner they could trust to appoint a President.
The brief from Finastra was clear; seek out and secure a market leader with an appetite for and track record of driving revenue growth in a technology company. But to do this, we had to get the basics right; prepare an executive-level EVP, whilst maintaining confidentiality from instruction to delivery.
With a highly confidently mandate, they turned to NP Group. Finastra knew they could trust us to secure the executive they needed more seamlessly than anyone else.
The Solution
A team of 3 executive search consultants were made immediately available for the requirement, all of which were specialists in making executive appointments within the FinTech sector. Drawing on their pre-existing market knowledge and networks gave us a first-mover advantage, delivering value to the search from day 1.
NP Group deployed both executive search and market mapping services to ensure this high-profile role was filled quickly and effectively.
The Results
Through our fast-paced Executive Search methodology, we achieved the following:
- Shortlist of qualified leaders produced in 5 weeks
- UK Market Mapping completed at pace
- 90% application to interview rate
- 9 Executive hires successfully made
- 3 candidates for future appointments
Consultant Profile
Mark Sparrow
Managing Director, Executive Search
A board level executive, Mark has lead major recruitment businesses through periods of exceptional growth in both Europe and Asia Pacific, across a multitude of disciplines including Technology, Change Management, Supply Chain and Procurement, Banking and Finance. This exposure has him a uniquely global perspective on the talent challenges facing fast growing enterprises. Having operated in the industry for over 20 years, including 10 years in Singapore, Mark is responsible for driving the NP Group Executive Search offering globally. A respected search professional, Mark has been often quoted as a thought leader in the media and appeared regularly on business related broadcasts including CNN, CNBC, BBC, CNA and Bloomberg.
