Stirling Andersen announced the acquisition of TRC Group’s Singapore operations
Stirling Andersen, Asia Pacific’s largest Insurance recruitment consultancy, has announced the acquisition of TRC Group’s Singapore operations
TRC is a leading recruitment business servicing the Commerce and Industry and Financial Services sectors. The acquisition is a result of TRC Group’s decision to consolidate its business and focus solely on its successful Australian operation.
Nick Cowdery, Managing Director of Stirling Andersen confirmed that the business would be led by existing Country Head of TRC, Steve Hutchinson who has over 10 years recruitment experience in the region and that all existing staff would be retained.
Cowdery further confirmed that they would be growing the local business to circa 20 Consultants over the coming months focussing largely on the Life, Actuarial and General Insurance space.
Cowdery added that Steve and the team had done a tremendous job with client development in the financial services space and that this was a key attraction with the acquisition.
Andersen Partnership Chairman, Niall Hamill confirmed that the company would change its name to Stirling Andersen immediately.
“This is our fifth office opening in the past four years and the first of three new offices in Asia Pacific this year. We are also at advanced stages for new service offerings in Auckland and Hong Kong which we hope to announce over the coming months. This brings headcount in the region to almost 100 Consultants and we would look to grow this substantially over the next year”.