Morgan McKinley names Reina Cheng managing director of Hong Kong business
She'll handle the company's growing HK business.
Global professional services recruitment consultancy Morgan McKinley has announced the appointment of Reina Cheng as Managing Director for its Hong Kong business.
According to a release from Morgan McKinley, Cheng joins at a key point in the consultancy’s development, with revenues currently growing at 30% per annum. With almost 10 years’ recruitment and talent management experience in Hong Kong, Cheng brings a strong skill set and an excellent reputation for relationship building, high performance and team leadership.
Upon graduation, Cheng worked at Ambition Recruitment for four years before moving in-house to Standard Chartered as a Talent Acquisition Specialist,then Talent2 and Robert Half, where she spent the last three years as Divisional Director specialising in financial roles.
Cheng stated that she is especially pleased to be joining Morgan McKinley at this pivotal moment in its development. “Morgan McKinley is ahead of the game in recognising that the traditional contingency-based recruitment model is in decline. The company has embraced the concept of the strategic human capital partner, taking the time to engage talent and nurture long-term relationships with both clients and candidate communities,” she said.
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Richie Holliday, Morgan McKinley APAC COO commented, “We are pleased to have Reina onboard to manage our business in Hong Kong, which is growing both in terms of volume of business and the range of services we offer to clients. Reina has established an excellent reputation and an extensive network in Hong Kong and was therefore quick to grasp our business model and ambitions.”
In its latest quarterly APAC Employment Monitor Morgan McKinley reported a 50% growth in the number of job vacancies across the APAC region and a 24% growth in the number of professionals seeking new jobs. “Growth in Hong Kong was a little slower at the start of the year as a result of equity market volatility but there is clear evidence of pent-up demand within many leading organisations and we are already seeing this translate into increased sign-off on new headcount. Morgan McKinley Hong Kong’s productivity was already the highest across the entire global operation in April,” said Holliday.
To support further growth the Hong Kong office has increased the number of fee-earning staff by 30% over the past year.
Appointments within the Hong Kong office over the past six weeks include: Hill Li to the Accounting team and Abbie Ng within the Banking Operations & Finance desk to grow our contracting & temp function - both joining from Randstad; Brad Choi who joins the Risk & Compliance desk; Shyra Kamarudin to strengthen the ever-expanding IT division, relocating from Robert Walters in Singapore; whilst Sophia Cheng joins the Payroll division; Pheobe Ngok the Finance desk; and Paula Way and Mariza Lai both join our Office Support recruitment team.
Within the APAC region as a whole Morgan McKinley has increased its total headcount from 177 in June 2015 to 223 today (June 2016).
“With these latest appointments and Reina’s leadership we are well placed to build on our strong position to dominate the Hong Kong professional recruitment market in the months and years ahead,” concluded Holliday.