Source | economictimes.indiatimes.com | Rica Bhattacharyya | Sneha Shah
Hiring in India’s financial services sector is at an all-time high.
Companies across investment banking, private equity and venture capital, asset management, institutional equities and private banking are beefing up their teams on the back of a buoyant capital market, all-time high deal making cycle, rush of IPOs, and a huge push for digitisation.
There were over 300 senior level (CXO and CXO-1) hires across these segments in the nine months to September, up 25% year on year, data from executive search firm Native shows.
Across hierarchy levels – including middle and junior management – there is an average 30-50% pick up in hiring activity, while some have even increased their team strength up to four times compared with pre-pandemic days, according to top company officials and HR heads.