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Our client is a large international financial services and banking company headquartered in the EU. They are among the 20 largest banking and financial services companies in the world. They have approximately 7,000 offices in 75 countries to include: North America, Latin America, Europe, Middle East, Africa and Asia. They have approximately $2 trillion in assets. Our client, like most large institutions, has a large number of underperforming assets related to real estate lending. They have asked us to fund someone that has significant experience starting and running a business. The ideal candidate will help the bank run distressed businesses until a suitable buyer can be found. The ideal candidate will be an entrepreneur with a proven track record of establishing, operating and growing successful businesses in the Middle East. The selected candidate will oversee the transition of bank owned businesses during the sale process with the goal of continuity of business operations.
Over the first 12-18 months, the candidate will be expected to accomplish the following:
•Perform bottom up review of business operations and staffing
•Develop and implement strategy to streamline operations and increase market share and revenue
•Create standard operating policies and procedures for employees
Minimum of 12 years experience creating and operating successful businesses including:
•Experience creating and operating businesses in the Middle East Region
•Must have experience raising equity from investors to acquire companies
•Asset management with an emphasis on management "for sale" portfolio companies
•Developed and implemented business and strategic plans
•Developed marketing plans and implemented strategies to increase customer base and revenue
•Created and managing budgets
•Experience with financial and tax reporting, as well as any other regulatory requirements for starting and running a business
•Above average interpersonal skills
*Undergraduate or graduate degree in business, finance, accounting or marketing
•Must live in the Middle East and have traveled extensively in the region
•Proficiency in Arabic reading, writing and language skills.
About the Company
Meridian Partners is a Retained Executive Search Firm.
We work with a select group of clients engaged in global business who are dedicated to the recruitment of 'best in market' global leaders: Clients who understand that the identifying, attracting and retaining “A” talent is not an easy task, yet is paramount to the success of almost any organization.
Since our founding in 1999, our success has been based on our proven process, partner level engagement and demonstrated ability to form long term relationships with clients in the identification, assessment and recruitment of "A" level talent.