Mumbai, June 11, 2007 -- Futurestep, the recruitment outsourcing subsidiary of Korn/Ferry International (NYSE:KFY) today announced that it has expanded its global footprint to Mumbai, India. The move comes a year and a half after the opening of the Company's Indian offices in New Delhi, and is the next step in its strategy to support the ever-growing demand for its services nationwide. Since commencing operations in September 2005, Futurestep India has grown 300 per cent. The team will service clients in India's main commercial and financial hub from the office located at Nariman Point in Mumbai. | |
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| "We have been strategically building our resources in India to keep pace with the increasingly important role the country is playing on a global and regional level for companies everywhere," said Tim Nelson, President, Futurestep, Asia Pacific. "Being in Mumbai will help us partner more closely with clients here, forging deep relationships to transform their recruitment models in a way that not only helps them get the best people to execute their India strategy today, but to reduce turnover for the long term." |
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| "Part of our success to-date reflects not only the MNCs' desire to approach talent acquisition in India with speed and efficiency, but local companies' willingness to professionalize HR systems that no longer reflect the entrepreneurial nature of other new, global business practices evolving here," said Asim Handa, Country Manager, Futurestep India. |
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| The addition of Mumbai expands Futurestep's already unparalleled Asia Pacific footprint. The Company has local market advisors in 12 cities. |
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