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Global Recruiter Eyes Indonesia As The Next 'I' In 'BRIC'

Tara Loader Wilkinson

28 November 2011

Robert Walters, one of the world’s largest financial services recruitment firm, has launched an Indonesia office in anticipation of a surge of demand for talented bankers.

The new office will have an initial focus on banking and financial services including wealth management, and sales and marketing, with further plans to expand into human resources, information technology as well as supply chain, procurement and logistics, said the firm in a statement.

It is the second Asia office that Robert Walters has opened this year after launching in Ho Chi Minh. It also has a presence in in Singapore, Hong Kong, Malaysia, Vietnam, Thailand and Mainland China.

Robert Walters' new operations in Indonesia come in response to an increasing demand from both clients and candidates for specialist and international recruitment services in Indonesia - currently the world's fourth largest country by population and the biggest economy in Southeast Asia.

"Indonesia is being talked about as the extra 'I' in BRI(I)C - Brazil, Russia, India, Indonesia and China, countries deemed to be at similar stages of economic growth. Indonesia has shown strong GDP growth in the last few years, a growing middle class population and more foreign investment - which are all key ingredients for us as a recruitment firm to be setting up an office in the country," said Mark Ellwood, managing director of Asia for the firm.

Robert Walters is hoping to capitalise on the entrance of numerous foreign multinationals which it believes are gaining ground in the region. “We have seen a spike of demand for middle to senior management professionals and hope to offer exemplary levels of service and introduce a highly professional level of recruitment that the market has yet to experience,” said Ian Robertson, country manager for Robert Walters Indonesia.