2007'02.11.Sun
Heidrick & Struggles Opens Office in Chongqing, China

December 19, 2006
First Global Executive Search and Leadership Consulting
Firm to Open a Third
Office in Mainland China
SHANGHAI, China, Nov. 29 /Xinhua-PRNewswire/ --
Heidrick & Struggles
International, Inc. (Nasdaq: HSII), the world's premier
executive search and
leadership consulting firm, has announced the opening of
its third office in
mainland China, strategically located in the heart of
Chongqing, a major
industrial base in southwest China.
Chongqing has attracted many multinationals in recent
years, including
ABB, American Standard, Rockwell, Honda, Suzuki, Isuzu,
Yamaha, Mobil,
Samsung, and Sony Ericsson. In 2005 Chongqing had a nominal
GDP that grew
11.5 percent to 310 billion yuan (US$38.75 billion).
According to a
spokesperson from the Chongqing Municipal Development and
Reform Commission,
Chongqing is expected to double its per capita GDP in 2007,
three years ahead
of the timetable set in China's 11th Five-Year Plan
(2006-2010).
"With the demand for highly qualified senior
talent in fast developing
regions across Asia, Heidrick & Struggles has
consistently moved with our
client organizations into new markets. Our strategy is to
invest ahead of
other executive search firms in opening new offices and
offering innovative
leadership consulting services such as assessment and
talent management. In
line with our growth strategy, we were the first foreign
executive search
firm to be granted a JV license to operate in China, and we
were also the
first to open multiple offices across China," said
Gerry Davis, Regional
Managing Partner, Asia Pacific at Heidrick & Struggles.
Added Steve Mullinjer, Managing Partner of Heidrick
& Struggles
China: "Following the central government's China
Western Development
strategy, many multinational companies consider Chongqing
to be
China's 'Gateway to the West,' particularly with the
extensive infrastructure
and transportation works currently underway in the city and
the completion of
the Three Gorges Dam project in 2009. We have chosen to be
physically located
in Chongqing as it is strategically important to many of
our clients.
Initially, this office will focus on industrial, consumer
and technology
clients who are investing in Chongqing and nearby Chengdu.
A central theme of
our China strategy is to be where our clients need us
most."
About Heidrick & Struggles International, Inc.
Heidrick & Struggles International, Inc. is the
world's premier provider
of senior-level executive search and leadership consulting
services,
including talent management, board building, executive
on-boarding and M&A
effectiveness. For more than 50 years, we have focused on
quality service
and built strong leadership teams through our relationships
with clients and
individuals worldwide. Today, Heidrick & Struggles
leadership experts operate
from principal business centers in North America, Latin
America, Europe and
Asia Pacific. For more information about Heidrick &
Struggles, please visit
http://www.heidrick.com .
For more information, please contact:
Jennifer Tow
Manifesto Ltd
Tel: +852-2526-1972
Email: jennifer@manifesto.com.hk
Eric Sodorff
Heidrick & Struggles
Tel: +1-312-496-1613
Email: esodorff@heidrick.com
SOURCE Heidrick & Struggles International, Inc.
law.
For more information, please contact:
PR
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