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Market Trends

  • As the (theoretically) quieter summer period subsides and HR functions gear-up to undertake the core-cycle, we naturally foresee a slower hiring-market in the build up to Christmas. However, at the time of writing, there still appears to be a level of demand and movement within the global HR market.
  • Besides activity to upgrade in business partnering areas and seemingly ceaseless interest in talent for areas such as Executive Compensation, HR functions are increasingly looking to harness the increased analytical power afforded them by new technology platforms such as WorkDay and SuccessFactors, by creating roles for embedded chief data officers and chief digital officers within the function.
  • At the same time however, the cost-hurdle organisations need to clear before realising the cost-benefits and synergies of technological transformation, is not trivial. As such, more than one planned global HR technology implementation has been shelved on the basis of cost constraints.
  • Within Europe, the initial spike in location strategy and workforce planning conversations created by Brexit appears to have subsided somewhat. Whilst we are aware of some organisations using existing EU-based platforms rather than the UK for certain replacement hires, it seems that until Article 50 is invoked we will not see the full impact of Brexit.
  • The correct configuration of HR specialisms continues to be a topic of internal debate pan-industry, with decisions to both amalgamate talent acquisition and development, or alternatively de-merge the two, apparently occurring in equal measure across the market. Equally, whilst Performance has in recent years been seen as a natural complement to Reward, anecdotal evidence suggests there are efforts to re-position it as part of Talent in certain instances.
  • Acute cost-pressure appears to present financial services HR functions in particular, with a conundrum; on the one hand headcount and cost constraints drive a natural urge to “double-hat” or “triple-hat” senior HR people to justify titles and compensation, yet on the other, this also creates the risk of sprawling and disparate portfolios of work that can hinder the ability of the HR professional to deliver, in the eyes of clients.
  • Besides movement within business partnering and specialisms among global organisations, HR leadership roles within boutique organisations continue to appear in the market among funds and boutique investment banks. Such opportunities are naturally attractive to many who feel constrained within large multinationals and thus see running their own “show” as potentially liberating. However, often the internal perception of such functions and the associated funding apportioned to them can make transformation and medium-term success an uphill struggle.

People Moves

FS EMEA & Asia Pacific

  • Paul Greene is appointed Head of Executive Compensation Projects at Credit Suisse, joining from UBS.
  • Joanne Kwong joins Edmond de Rothschild as Asia Head of HR. She was previously Head of HR for RBC Wealth Management.
  • Florence Lecoutre has been promoted to Head of Group Human Resources at Euler Hermes. She previously served as the company’s CIO.
  • Teresa Lamy joins First Names Group as CHRO. She was previously the Global Head of HR at TFM Group.
  • Sherlina Chew joins GoSwiff as Global Head of HR. She leaves First Gulf Bank, where she was Head of HR.
  • Kevin Purcell joins Hudson Advisors as CHRO. Kevin joins from Barclays where he was Global Head of HR for IBD. Dimitrios Lioumis leaves Itau BBA to be Hudson Advisors’ VP of HR across Europe.
  • Brian Huggett joins Lloyds Banking Group as the Co-Head of Resourcing. He joins from BNY Mellon where he was Head of Talent Acquisition for EMEA.
  • Kim Roberts joins MasterCard as HR Leader for Global Talent Acquisition. She joins from PayPal where she was a Talent Acquisition Partner.
  • Naomi Corrieri Hobbs joins Millennium Capital Partners as the Europe Head of HR. She leaves Goldman Sachs where she was the Global Co-Head of Legal and Compliance HR.
  • Karen Tobiasen joins Nordea as Chief Human Resources Officer from Philips.
  • Sarah Boddey has been appointed Chief Diversity and Inclusion Officer for EMEA and APAC at Northern Trust. Boddey joins from AIG where she spent three years as Head of Diversity and Inclusion for EMEA.
  • Simon Holland joins Oliver Wyman as Partner. Prior to this, Holland was the Group Head of Development at HSBC.
  • Rebecca Skitt joins Permira Advisers LLP as Group HR Director. Previously she was the CHRO for The Co-operative Group.
  • Deborah Griffin has been appointed as Group Human Resources Director at Shawbrook Bank. Previously she was the Head of Human Resources, UK at Société Générale.
  • Ryan Lynch joins SHUAA Capital Pcs as Group Head of HR, formerly he was HR Director at Gulf Finance Corporation.
  • Tom Howie joins Standard Chartered as COO for HR. Formerly he was the MD for Business Transformation at BT.
  • Stephen Lochhead joins Standard Life as Global Talent and Organisational Development Director. He leaves Unilever, where he was VP for Talent and Resourcing.
  • Louise Musgrove, former HR Director, Life and Pensions at LV=, joins Vanquis Bank as its new HR Director
  • Julia Smith is appointed Head of People Services at Virgin Money. She joins from GE Oil and Gas where she was Head of HR for Europe.

FS Americas

  • Michael Keaveny joins Bank of Montreal as its new International Head of Performance, Reward and Operation. He was previously the EMEA Head of Benefits and Wellness, HR Services and Global Ventures at Goldman Sachs.
  • John Johnston joins Barclays from JPMorgan Chase as Global Head of Recruiting for Technology and Operations, supporting newly appointed COO Paul Compton, who has also joined from JPMorgan Chase.
  • Torrie Levins is now the Head of Compensation for Financial Services at Capital One. Previously she was the Head of Talent Acquisition for financial services.
  • Jim Duffy has returned to CIT Group from Ally Financial as EVP CHRO. He was previously CHRO at Ally Financial.
  • Joshua Varsano joins Digital Asset Holdings as CHRO. He joins from Point72 Asset Management where he was Global Head of HR.
  • Jason Lorenz joins E Trade as Global Head of Talent Acquisition and HR Process and Policy. Previously, he was Head of HR Service Delivery Project Manager at AIG.
  • Ryan Donahue joins Evercore as Head of Reward. Previously, he was a Compensation Manager at JPMorgan Chase.
  • Sandy Lionetti, the former VP Head of People at Axioma, joins Global Trading Systems as its Global Head of Human Resources.
  • Susie Elliott is promoted to Head of HR at Farmers Insurance. She was previously Head of HR BPs for claims.
  • Christine Robinson is now the VP HR, Canadian Division, at Manulife, joining from Sun Life Financial.
  • Michael Fraccaro is now CHRO at Mastercard. Previously he was EVP of HR for Global Products and Solutions.
  • John Fitzgerald has been promoted to Chief Human Resources Officer at Société Générale, having been the Head of Career Advisory, Compensation and Recruitment for the company since 2000.
  • Charles Mah joins Workday as VP of Global Talent Acquisition. Prior to this, Mah was Global VP of Talent Acquisition at SAP.

Non-FS EMEA & Asia Pacific

  • Priya Cherian joins Alibaba as HR Director. Previously she was HR Director at Flipkart.
  • Alan Frewer is now Head of Talent Acquisition at Amazon Web Services, previously he was Director of Talent Acquisition and Development across the EMEA region at Credit Suisse.
  • Yvonne Agyei joins Booking.com as Head of HR, based in Amsterdam. She was previously the VP of International People Operations at Google in London.
  • Nicky Ivory-Chapman joins Channel 4 as the Head of Talent Acquisition. She leaves Regus where she was the Global Recruitment Director.
  • Helen Wyatt is appointed Head of HR at Cofra Holding, based in Zug. She joins from Firmenich, where she ran HR and communications.
  • Mark Spivey joins HBO (Time Warner Group) as the Head of HR EMEA. This follows some independent consulting and his role as Global HR Business Partner for products and research at MSCi.
  • Samantha Buttle joins Hogan Lovells as Head of HR for Asia Pacific and Middle East. Previously she was an Associate Director for KPMG’s People and Change Advisory Business.
  • Claire Timmins joins Ipsos MORI as HR Director. She joins from Compass Group where she was Head of HR (Educations, Defence, Government and Offshore).
  • Quentin Naylor joins The Hut Group as Group Director of Leadership and Development. Previously, he was an Executive Director at Goldman Sachs within its Human Capital Management Division.
  • Rupert McNeil joins the UK Civil Service as Chief People Officer. He joins from Lloyds Banking Group where he was the Group Head of HR.

talent-map

Non-FS Americas

  • Robert Toohey joins AOL as EVP and Chief People Officer, from Verizon where he was the President of Digital Media Services.
  • Mark Rogers joins Bayer as its Head of US Talent Acquisition. Previously, he was Director of Talent Acquisition at Sanofi.
  • Damien Hooper-Cambell joins eBay as Chief Diversity Officer. He was formerly Head of Diversity and Inclusion at Uber.
  • Liz Wamai joins Facebook as Director of Recruiting, Global Business Functions – North America. She was previously the Head of Global Recruitment at Bloomberg.
  • Carmel Galvin joins Glassdoor as CHRO. She leaves Advent Software, where she was SVP CHRO.
  • Eileen Naughton has been promoted to SVP of People Operations (CHRO) at Google, following the announcement of Laszlo Bock’s retirement.
  • Missy Ballew joins Lookout as CHRO. Previously, she was the Global Head of Talent, Learning and Diversity at HP.
  • Emily Dancyger King joins McKesson as SVP, Talent Management. She was formerly the Chief Learning Officer at Citi.
  • Ruth Ferguson joins The Related Companies as CHRO. She was formerly Head of Global Markets at Bank of America Merrill Lynch.
  • Renee Atwood joins Twitter as Global Head of People. She joins from Uber where she was Global Head of People and Places.
  • Gautam Srivastava joins Universal Music Group as EVP of Human Resources. Prior to his role at UMG, Srivastava was CHRO at Shutterfly Inc.

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