New Delhi (NVI): One of the top executive search firms in the country, Stanton Chase India, will now own and run operations in Singapore.
The Indian entity of Stanton Chase was awarded the licence for Singapore by it’s own global board, with an aim to establish a strong foothold in the Asia Pacific markets, the company said in a release.
“The global shareholders of the headhunting firm chose the quartet of Ashwini Prakash, Mala Chawla, Sripad KN Rao & Amit Agarwal to do the job in Singapore, impressed by their track record of successfully rebuilding the firm in India,” the release stated.
The erstwhile partner of Stanton Chase in Singapore exited the network few months back and its global board was evaluating options for replacement, it added.
International Chairman, Stanton Chase, Mickey Matthews said, “Singapore is a high-priority market for Stanton Chase as its importance locally, regionally throughout the Asia Pacific and globally cannot be overestimated with the level of executives and decision making that occurs there.”
“We are excited at Stanton Chase to announce a new strategic initiative which we believe will resonate highly in the market as a best of both worlds which combines a local ‘feet on the street’ search team with ownership and entrepreneurialism from some of our leading offices and firm-wide executives including India & Australia,” Mathews added.
Director & CPO, Max Life, Shailesh Singh also said, “I am happy for the Stanton Chase India team getting recognised by their global board. Singapore is Asia’s hub for Financial Services and this shows the growing influence of India in the region.”
The US company was expanded to India in 1999 and has been a premier leadership partner for corporates for the last 22 years.
Moreover, in the last decade, Stanton Chase in India had to twice go through similar rebuilding exercise, first when in 2013 its entire team jumped over to RGF of Japan and second in 2016 when it severed ties with the ABC Group, the release read.
“Consistently ranking among the top 10 executive search firms across the globe, Stanton Chase partners with leading businesses, governments, non-governmental organizations, and not-for-profits to hire top executive leadership talent to drive breakthrough performance,” it added.