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Financial services sector “dominates” private sector interim industry

According to research from the Interim Management Association (IMA), special projects also overtook the HR function as the most requested interim job function with 26% of the total figure. In addition, the most popular reason for hiring an interim manager was for leadership and project/programme management which accounted for 32% of all IMA assignments in 2009.

Paul Botting, Chairman, IMA, comments: “The interim management sector has been focused on both the private and the public sector over the last year; with the split remaining fairly even. In a period of uncertainty, we have seen increased engagement from clients in specialist projects, where they have looked to utilise skill sets they do not have internally and only need on an interim basis.

“The banking sector has continued to remain the biggest sector however we have seen Local Government and Health sectors follow closely behind. Interim Management has certainly proved its place in the recruitment market over the years, with strong demand, and we expect to see this trend continue throughout the year.”

Executive Grapevine, May 27, 2010

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