Aquent Aquent

Aquent Success Catalyst For Regional Restructure

Aquent Success Catalyst For Regional Restructure image
Aquent Success Catalyst For Regional Restructure

(January 24, 2008) — Building on the success of 2007, Aquent, the leading global staffing firm specialising in marketing, communications and creative talent, has announced a series of exciting, strategic senior management changes in the Asia Pacific region.

The key moves include the promotion of Duncan Cunningham to the role of Regional Director for Greater China. Duncan is a veteran to Aquents business in Asia, having set up the thriving Hong Kong office before going on to direct the Greater China region from the company’s Shanghai office.

The Regional Director of Asia, Steven Pang will now not only be responsible for Singapore, Malaysia and South Korea, but also for the power house nations of Japan and India. “Steven ’s previous experience and success heading up our Marcoms staffing business in Tokyo fuelled the decision to include Japan under his remit” says Savage.

Yoshiko Fujii, who was instrumental in securing Aquents place as the first licensed foreign-affiliated company in Japan for temporary and permanent staffing, has been appointed to the newly created position of Director of Expansion and Business Development. Having been in the recruitment industry for over 20 years, Fujii will be using her experience to aid with strategic expansion Aquents business across Asia.

Simon Lusty will continue his exciting career progression through Aquent . He previously held the position of Area Manager Auckland and most recently Director for Aquent Sydney. Lusty has now been appointed the Regional Director of Australia and New Zealand.

Jolene Andrews, whose international career with Aquent has seen her living in Sydney, Hong Kong and Auckland, has been promoted to the position of Asia Pacific Operations Director based out of the region’s head quarters in Sydney.

The international business of Aquent, which covers 30 cities in 15 countries (excluding North America), had its best year in the company’s 20 years history. “Our revenue has grown by 41 % since 2006” revealed CEO, Greg Savage. “Gross Profit improved 51% year on year, driven by strong permanent billings as well as our ability to increase temp margins in a talent short market. The highlight however was EBIT, which surged 110%. In many ways 2007 was the true coming of age for Aquent’s international strategy. Our unique positioning as a highly specialised operation, yet being able to service clients all over the globe, is proving to be a highly compelling offering. The business outside the United States now contributes to over 30% of the company’s consolidated worldwide EBIT.”

“Since 2001, Aquents international operations have grown exactly seven fold in revenue terms. These new management appointments are made with our next phase of growth in mind. Organic growth is our primary goal, but we did make three acquisitions in 2007 and two more are close to closing in the next few months. I have every confidence that this exceptionally strong management team will be capable of cementing our position as the world number one staffing business for the marketing, creative and communications industries,” said Savage

“We are very excited with the new-look management team. T hey have the necessary level of experience and industry insights required for Aquent to expand in a positive and strong direction. More than ever Aquent will deliver outstanding service and innovative staffing solutions to our clients,” added Savage.

About Aquent

Aquent is the leading global staffing firm specialising in helping companies find marketing, communications and creative talent. With 70 offices in 17 countries, they have an unmatched network of professionals that enables them to deliver the right solution for any client need and provide exceptional career opportunities for their talent.

Today Aquent has over 11,000 professionals working at over 3,000 companies. Over the course of its history, Aquent has made over half a million matches of professionals to our clients on an individual, team or through an onsite or offsite managed service basis. The company’s Asia-Pacific headquarters are in Sydney. In Australia, the company has offices in Brisbane, Sydney, Melbourne, Adelaide and Perth.

For more information please contact: Jolene Andrews at Aquent on 02 8288 8288 or jandrews@aquent.com

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