Seasoned financial services recruiter Rick Chung has launched an executive search firm in Hong Kong with an eye on improving the industry’s culture through deep engagement.
Headhunting veteran Rick Chung has launched Captar Partners, a recruitment joint venture based in Hong Kong with an initial focus on the financial sector in the Greater China market.
According to Chung who is Captar's co-founder and managing director, the firm will look to increase its headcount to 12 to 15 employees in the first year and expand its presence to Southeast Asia by the third year.
«Deep Engagement»
The firm’s name, Captar, is based on a Spanish word that means to attract, understand or capture which Chung said encapsulates the firm’s vision and approach to the recruitment business which can sometimes lack a macro view of client needs due to tunnel vision.
«The executive search industry can sometimes be too transactional when consultants are overly focused on hiring for individual positions. This often comes at the expense of a deeper client understanding, especially for multinational companies,» Chung told finews.asia.
«We want to extend our engagement to develop an in-depth understanding of not only the position itself but also the firm’s overall hiring strategy to help them optimize their human resource allocation.»
Headhunting Veteran
Chung has over a decade of experience in the executive search industry with a particular focus on private banking in Asia. He was most recently a Hong Kong-based director with Dutch global recruitment firm Randstad where he oversaw coverage for banking and financial services. Previously, he also worked for National Australia Bank and Citi Private Bank.
Captar Partners will initially focus on recruitment for financial services before expanding coverage to other sectors including consumer, retail, healthcare and more.
