A mid-sized manufacturing company wanted to consolidate its business by shutting down one of its factories. But it didn’t have a person in a senior leadership position who could handle the various aspects of a closure, including labour and compliance issues.

Hunting for a full-time top exec would have cost the firm time and money. It, therefore, roped in a ‘temp CEO’, who not only finished the job in about nine months but also found a buyer for the unit.

XpertReach, a technology-enabled platform providing independent senior-level professionals, recently helped a financial services company to hire a team of senior consultants. “We have seen many CXOs open for advisory roles, including a past CEO of a financial services company. There’s been a positive uptick in registrations of professionals at the senior management and CXO levels as independent consultants across functions and industries,” said XpertReach founder Anil Sahgal.

XpertReach is the executive search and talent division of Magi Research and Consultants Private Limited