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 NEW YORK, May 10 /PRNewswire/ -- Sullivan & Cogliano Permanent Placement, Inc. (S&C), a leading international permanent and temporary personnel firm based in Waltham, Mass., reports that its newest division, Global Executive Search, has experienced tremendous growth since its creation in 1990.
 Located in New York City, Global Executive Search has become a resource for top-tier trading houses and many of the largest banks in the world, offering recruitment services for institutional trading professionals with particular expertise in derivative and fixed income products.
 "While Global Executive Search has achieved great success, from the outset, all of us felt this endeavor would effectively fill a void in the market," said the president of S&C's Permanent and Financial Placement Divisions, Ronald Vallely, who also founded and heads the Global Executive Search Group. "We established this entity because of the increase in the institutional trading markets, specifically, the rise in derivative trading. Due to the importance of these activities in all of the major financial markets, we felt companies would need access to not only qualified individuals, but the very best professionals in the entire world."
 To accommodate the personnel needs of their ever-growing list of prominent international clients, Global Executive Search provides recruitment services 24 hours a day. During the last three years, the demand has been so great that the organization has had to expand its staff by 300 percent. Perhaps most importantly, because recruitment officers are continually working with various investment banks, firms, and portfolio managers in Tokyo, Hong Kong, London and New York, most members of the Global Executive Search Group are multilingual.
 "What makes our organization so unique is both our focus on institutional trading and ability to cross geographic and communication boundaries," continued Vallely. "There are firms that sometimes deal in this type of recruitment, however, this is our full-time specialty. Equally important, because of our multilingual capabilities, we can draw from a virtually unlimited pool of the most talented individuals in this field. This allows a trading house in London to obtain a candidate from Tokyo, New York, wherever...ensuring that they will have their choice of the best in the business and not simply those within their own market area."
 Another impressive feature of Global Executive Search is the knowledge and skill of the staff itself. No matter what time of day or night, the organization is backed by a team of search professionals with vast industry knowledge and experience, earned through their direct roles as traders and marketing specialists of derivative and fixed income products. Additionally, S&C has drawn upon its 28 years of executive search service to the northeast U.S. banking industry to enhance the operations of Global Executive Search.
 The result is an organization that has quickly gained a reputation for flattering the needs of the international banking and investment community, while facilitating client expansion into the highly competitive sphere of financial globalization. To date, Global Executive Search has successfully completed projects in equity technologies and provided traders, modelers, financial engineers, and marketing specialists for top-tier firms and investment banks. For many, the group has proven instrumental in their efforts towards realizing greater investment potential.
 "The trading industry is dynamic, especially in today's global marketplace, therefore, the needs of those involved in this work are constantly changing and evolving," noted S&C president and chief executive officer, John Cogliano, Jr. "Our organization provides personnel for a variety of industries. Still, whether it's financial or industrial -- no matter if the request is for a computer programmer, engineer or complete office support staff -- we have to anticipate the needs of companies and identify particular areas of future growth."
 "With Global Executive Search, we have not only been successful in realizing the burgeoning personnel demands of those involved in derivative and fixed income trading, we are also able to offer our services on a worldwide basis in order to target the most qualified individuals possible," concluded Cogliano.
 For more information, contact The Sullivan & Cogliano Companies, 230 Second Avenue, Waltham, Mass., 02154, 617-890-7890, fax: 617-890-7011 or Global Executive Search, 241 West 30th Street, New York, N.Y., 10001, 212-967-4832, fax: 212-967-4842.
 -0- 5/10/93
 /CONTACT: John E. McKay, 617-890-4242, of Cohn McKay Communications for Sullivan & Cogliano/

CO: Sullivan & Cogliano ST: New York IN: SU:

SJ -- NE013 -- 6582 05/10/93 14:54 EDT
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Publication:PR Newswire
Date:May 10, 1993

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