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Asia new 'hot-spot' for relocation.

Forty-nine percent of 201 senior executives polled last May chose Asia as the emerging hot-bed for relocation of C-level executives. Notably, the Middle East and Latin America were selected at 19 percent and 18 percent, respectively.

Executive search firm CTPartners conducted the survey of the executives representing multiple industries.

When asked: "Where is the hot-bed for relocation for C-level executives today?" the respondents said:

Asia--49%

Europe--6%

Latin America--18%

Middle East--19%

United States (from abroad) 10%

"Asia's growing economic power is attracting executives from all over the world as the U.S. and Europe face continuing uncertainty," says Brian Sullivan, chairman and chief executive officer of CTPartners.

Sullivan notes that parts of the Middle East are showing signs of political stabilization and Latin America is an ongoing bright spot. "Globalization is a fact of life," he says, and "all the world's a stage for talented ambitious executives."

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Title Annotation:EXECUTIVE CAREERS
Author:Heffes, Ellen M.
Publication:Financial Executive
Article Type:Brief article
Geographic Code:1USA
Date:Sep 1, 2008
Words:146
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