Norman Alex Newsletter Issue #25

About Us

Norman Alex is an international consulting boutique providing executive search and corporate development services. Established in 1997 in Monaco, we also have offices in Geneva, Paris, London, Luxembourg, Miami and Montevideo together with a partner in Dubai. We have the experience and global reach to help our clients develop their activities in most major markets.

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Podcast

In an enlightening podcast conversation, led by Ivor ALEX CEO of Norman Alex , and Sebastien Masson Senior Advisor at Norman Alex , we had the pleasure of having a conversation with Olivier Farouz President of the Groupe Premium

Join us for an engaging discussion filled with exclusive insights and valuable perspectives from this visionary industry leader.

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Groupe Premium

Groupe Premium was founded in 2000 by Olivier Farouz . Today, the group is specialized in insurance brokerage, asset management and wealth management.

Through its companies, Groupe Premium offers solutions adapted to the savings, investment and asset management needs of all savers in France.

Since 2000, Groupe Premium has established itself as a key player in wealth management, with double-digit growth for several years. In 2021, the investment fund Eurazeo became the majority shareholder, and the Group opened up the rest of its capital to 351 employees and partners.

By the end of 2022, the Group has grown its revenues by 83% and has reached 9 billion euros AuM. The Group's ambition is to exceed €10 billion under management by 2024.

“Through the creation of our Group, the objective was to shake up certain codes and to open up the wealth management jobs to a wide diversity of actors from different backgrounds, by highlighting the values of social justice, equality, meritocracy, but also cultural diversity.” - Olivier Farouz - President of Groupe Premium

Article

Interim Management

For the last 25 years, Norman Alex has helped clients develop their activities through strategic recruitment and identifying external growth opportunities. We have a successful track record of placing over 2000 executives in 17 countries through our network of 8 offices.

In a constantly changing world, where business leaders have to confront unforeseeable circumstances, and organisations must remain adaptable and nimble to ensure their survival, there are sometimes needs to recruit senior talent on a temporary or project basis. For this reason, Norman Alex has established an Interim Management department.

When is the right time to bring in an interim manager?

An interim manager is a good choice when you need to make a quick and significant change within your organisation or restructure the organisation itself. They can help you scale up quickly and put in place effective methods to handle the new processes.

Furthermore, consider a digitalisation project for instance which demands a substantial amount of expertise for a specific timeframe, an interim manager can offer a balanced solution, blending technical skills, adaptability, and cost-effectiveness.

During periods of business expansion or contraction, having a manager who can make rational decisions without emotional constraints becomes vital. They can guide the organization through challenging times, reassuring both shareholders and team members.

Another common scenario arises when a director unexpectedly departs. Even if a well-prepared succession plan is in place, it might not be the ideal moment for internal promotion. Indeed, it could present an opportunity to introduce fresh perspectives. Additionally, external executive hires typically take several months and an interim director can be recruited quickly until the permanent hire comes on board.

Interim managers also serve as a bridge during temporary vacancies, such as maternity/paternity leave, extended sick leave or sabbaticals. Their flexibility ensures the continued operational efficiency of the business in such situations.

Furthermore, a professional interim manager remains impartial, free from involvement in political manoeuvring or adherence to entrenched customs and traditions. This impartiality allows them to navigate transitions without constraints.

In summary, an interim manager offers a potent blend of technical expertise, managerial acumen, effective communication, political neutrality and resilience in the face of stress.

For more information about our Interim Management department, please contact Fran?ois Carloni at [email protected]

Career opportunities

Below are a few examples of our current career opportunities. Please consult our website for a full list.

HEAD OF RISK MANAGEMENT - London

INDEPENDENT PARTNER - Miami

FAMILY OFFICER / CONSEILLE (E) EN INVESTISSEMENTS - Paris

DéVELOPPEUR BANQUE PRIVéE - Paris

SENIOR ACCOUNTANT - Dubai

CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER - Monaco/London/Dubai

SWISS ASSET AND WEALTH MANAGER - London

RELATIONSHIP MANAGER - Geneva

HEAD OF PRIVATE BANKING - Milan

Visit our website for more open positions

If you're looking to change jobs, please consult our free guides

We believe that having a well-crafted CV is crucial for a successful job search. We want to provide you with the tools you need to excel in your career goals.

To further empower you in your professional journey, we are delighted to offer you two additional eBooks:

• "Ten Rules for a Successful Job Interview"
• "Ten Rules to Successfully Interview Candidates"

To access these valuable resources, simply click on the button below.

We greatly value your presence in our community, and we are committed to supporting your career aspirations. Thank you for choosing us to assist you in your professional endeavors!

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