Hong Kong-headquartered recruitment firm Captar Partners is expanding with a new Singapore office to establish a presence in the Southeast Asia market.
Captar Partners has launched a new Singapore office to establish a Southeast Asia presence within two years, according to a statement.
The new unit will initially focus on roles and companies related to fintech, financial services as well as human resources, sales and marketing.
17-Year Veteran
As part of the new office’s launch, Captar has hired Jiahao Yik to join as a managing director to lead its efforts in the city-state.
Yik has 17 years of financial services and recruitment experience at global banks and top recruitment agencies. He specializes in senior-leveled hires across private wealth managers, retail banks as well as asset managers and expanded coverage to include the fintech industry in the last two years.
Post-Covid Recruitment
In Asia, the pandemic has had a lasting effect on the talent market in the financial sector with travel curbs, social distancing rules and other restrictions driving hiring trends such as greater selectiveness on geography or demand for more tech-related roles due to accelerated digitalization.
«As the world exits the pandemic era, it is crucial for all businesses to review their hiring strategy and identify target candidate pools to build for the next year,» Rick Chung, co-founder and managing director at Captar, told finews.asia.
Captar was founded in Hong Kong last year as a recruitment joint venture with a focus on financial services. It had initially said that it had planned to hire 12 to 15 employees in the first year before expanding its presence to Southeast Asia by the third year. The latest opening of its Singapore office marks accelerated progress in its long-term plan.
