Healy Hunt

Sustainability fits with the CFO because the function is nearly always tasked with the required reporting. However, less than half of CFOs feel their companies will hit green targets and 55% feel their reporting will be seen as containing greenwash. These are new metrics and the reporting is not just a tick box task. The best way to avoid greenwashing and maybe achieve sustainability targets is to apply deep scrutiny and strategic thinking. It's what Finance departments do. Complex new data sets and sophisticated tools are creating opportunities for data analysts in the Finance function. Link to the Forbes summary in the first comment below. #esg #sustainability #csrd #cfo #finance #careers

Is it good for a company "lifer" to become CEO? Yes, and, of course, sometimes no, depending on the business and the challenges it faces. Internal promotion throughout an organisation is important as people need to see career paths. At the same time, it is important to bring in new hires with different perspectives. When driving a business transformation, do you need a leader who has done it before? Not necessarily, but it's always wise to track internal and external candidates as potential future leaders. Contact Healy Hunt with your Senior Leadership search. #leadership #ceo #peoplestrategy #executivesearch #csuite

Sweden's EQT has signalled its intention to be active in an expected wave of consolidation in Private Equity. We will continue to monitor the situation as individuals and private capital companies, from start-ups to megafunds, plan their growth strategies. Contact our brilliant Alternative Investments Team with your next search. #pe #privateequity #executivesearch #searchconsultancy #ukfinancialservices

There has been some backlash against DEI, some of it politically motivated, but the facts are widely accepted: companies with racially diverse teams are more profitable and companies whose boards are more than 25% female are way more profitable. Bias is notoriously hard to remove, and simply telling managers what to do doesn't work. The PRISM self-awareness exercise helps people recognise their own biases in a non-critical way. Healy Hunt consultants are trained in this area and we are happy to support our clients' diversity programmes. There's a link to the HBR article in the first comment below. #dei #diversity #executivesearch #recruitment

Pam Kaur has been made CFO of HSBC. The announcement came from new CEO Georges Elhedery, who was promoted from the role. Pam is seen as a safe pair of hands with extensive experience and a good working relationship with Elhedery. This will be important as the bank has major restructuring work planned. This entirely merited promotion makes Pam one of the most senior women in world banking and will be seen as symbolic in many quarters. She joins the likes of Amanda Blanc (Aviva), Milena Mondini (Admiral Group) and Afua Kyei (Bank of England) as senior female decision makers in UK Financial Services. We wish her all the best. #cfo #csuite #wibf #genderequity #dei

The IMF has increased the UK's growth forecast to 1.1% from 0.7% for this year but reiterates warnings about public debt that apply to most Western economies. The caveats will persist, but positive news for the UK economy is generally good news for The City. Reuters story link: https://lnkd.in/eY5wx2wm #ukgrowth #economy #imf

UK SME leaders lack trust in their senior managers, which restricts their ability to scale up into large firms. The management of people strategy including hiring, retention and company culture, is also cited as a big challenge. Healy Hunt has helped companies to hire senior leadership teams who can navigate the growth phase. We work with our clients to deliver professional hiring processes that can help align expectations and find a good cultural fit which, in turn, lead to better retention. Contact us with your next recruitment project. The original article link is in the first comment below. #executivesearch #peoplestrategy #scaleup #leadershipteam #csuite

AI solutions like ChatGPT and Gemini can be effective procrastination busters that reduce your stress and increase your productivity. Their relative success in customer services means they are equipped with useful language for avoiding potential conflict while making sure a respondent is "heard". Just make sure it's you who writes the final version. Senior Financial Services professionals in our network are working out where to apply the power of AI, which tools to invest in and which systems to integrate them with. There is also work to be done to position AI positively in the minds of employees and examples like this can be helpful. Link to the FT article in the first comment below. #hr #ai #peoplestrategy

We're #hiring a new Legal Counsel in London Area, United Kingdom. Apply today or share this post with your network.

More European bank mergers could be on the cards. Unlike the UBS takeover of Credit Suisse, more of these could be cross-border. Italy's UniCredit, led by the architect of 2007's fateful ABMN Amro buy-out, has recently revealed a substantial stake in Germany's Commerzbank. Higher profitability, cleaner balance sheets and increased capital levels have given some banks a firm footing for acquisitions. There is some consensus that European superbanks are required to compete effectively with American giants. Link to Owen Walker's FT article in the first comment below. #banking #financialservices #mna