Since the inception of our activities in the executive search business, we have witnessed many changes in the power sector. Topics like liberalization, privatization, consolidation and legal unbundling required serious changes in our clients' organizational cultures and management structures. Some of the former major state-owned companies have been fully privatized, while others still list the state as major stockholders. New players, especially within commodity trading, popped up – some disappeared after only a short time.

Although the market has become more competitive and the wholesale market is driven by market prices, the sector retains a high level of public interest. Liberalization processes are ongoing, e.g. in Southern Eastern Europe, although recent economic developments have created some delays. To managers, the changes spell out risk and new opportunities at the same time.

GJP has been supporting the European power sector in recruiting top managers and specialists in the finance, commercial, risk, and technical areas, as well as in a range of other corporate functions. We have set up trading floors from Front Office to Back Office including all Middle Office specialist functions.