Now, headhunters target Lehman's top management in India
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NEW DELHI: The phone hasn’t stopped ringing for Lehman Brothers’ top brass in India and the calls are not from sympathisers — headhunters and rival companies are chasing the top management of the bankrupt investment banking firm with job offers.
Those being chased include top executives such as I-banking head Surojit Shome, equities head Pankaj Vaish, private equity head Naresh Naik, real estate PE head Sundaram Rajagopal, FID real estate head Sumit Anand and global finance head Prashant Purker. Headhunters are reportedly moving around with the CVs of top-rung executives at Lehman Brothers in India.
“We’re talking to them. This is a high-quality talent pool and several large and mid-sized players are looking at poaching them. However, the top guys are not willing to commit just as yet,” said a headhunter. Sources in the headhunting fraternity admitted that discussions with the executives were in progress. There is a race to place these men as their average salaries ranging from $2-3 million spell big commissions for the headhunters, whose fees are linked to the pay packets of the candidates concerned.
“We’re talking to them. This is a high-quality talent pool and several large and mid-sized players are looking at poaching them. However, the top guys are not willing to commit just as yet,” said a headhunter. Sources in the headhunting fraternity admitted that discussions with the executives were in progress. There is a race to place these men as their average salaries ranging from $2-3 million spell big commissions for the headhunters, whose fees are linked to the pay packets of the candidates concerned.