Ex-Lehman and Merrill Lynch staff being hired in the Middle East by Grafdom

Released on: October 11, 2008, 8:30 am

Press Release Author: Grafdom

Industry: Human Resources

Press Release Summary: Grafdom experiences a high demand for finance professionals
in the Middle East, specifically from ailing giants in the US. Banking and insurance
clients are reportedly seeking to hire dozens of ex-employees from Lehman Brothers,
Merrill Lynch and AIG.

Press Release Body: Similarly, exponential interest has been received from ex-Wall
Street employees in search of lucrative opportunities in the Gulf with Grafdom's HR
Outsourcing division receiving hundreds of resumes on a weekly basis.

"Interest in emerging financial markets like the Middle East has been profound over
the last couple of weeks. We have witnessed tremendous flow of human capital which
seems to be in relative proportion to the ever-increasing demand from our clients.
Banks, insurance firms and financial consultancies are working with us quite
proactively in attracting skilled labor with greater focus on high performers." said
Brian Jackson, Business Development Director, Grafdom MENA.

"There are remarkable opportunities in this part of the world, especially for those
with specialized skill-set and solid credentials. The region can potentially benefit
from the global financial crisis which has resulted in the layoff of thousands of
jobs over the course of this year."

Demand for Grafdom's Recruitment Outsourcing solutions has increased three-fold in
2008 with greater need coming from the finance, construction and hospitality
sectors. The advent of the global economic crisis has caused financial constraints
on organizations of all sizes and has further enlightened the potential need of
outsourcing recruitment and other HR functions that will enable substantial cost
savings and streamline operations. Interested candidates can submit their
applications/ resumes to Grafdom's Human Resources Outsourcing (HRO) division by
emailing to recruit@grafdom.com

About Human Resources Outsourcing (HRO)
HRO is a strategic alliance proposition that enables firms to outsource any or all
of their HR functions; and focus on core business lines. We can help HR staff manage
routine workforce inquiries for employees that are dispersed globally to save time,
cost and enhance efficiency levels. Grafdom's expertise allows for the effective
management of recruitment functions such as hiring, training and placement of
candidates on behalf of clients, which helps minimize overheads, reduce recruitment
time and improve operational productivity.

About Grafdom
Grafdom is a leading global IT consultancy and strategic management firm that offers
a diverse spectrum of services. The firm strives on helping you achieve business
results that empower your operations and drive growth consistently. Our credentials,
world class talent and passion enables us the privilege to identify alliances and
add significant value to government entities, large international corporations and
small local businesses. Being a solutions oriented corporation and a trusted advisor
to business leaders has earned Grafdom tremendous industry acclaim and global
recognition. Grafdom's service offerings span website design, interactive marketing,
business and technology consulting, custom software development, IT infrastructure
solutions, HR outsourcing (HRO) and business process outsourcing (BPO). Our
expertise brings you a level of certainty that no other competitor can match.

Web Site: http://www.grafdom.com

Contact Details: James Welford
Dubai, UAE
Tel: +9714 345 3033
Email: press@grafdom.com

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...