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Growth continues as Bright Purple recruits ex-Lehman executive

Growth continues as Bright Purple recruits ex-Lehman executive

Bright Purple Resourcing, the UK-based IT and financial services recruitment specialist, has pulled off a major coup with the appointment of ex-Lehman Brothers Chief Administrative Officer for Technology Services, Ken Gillingham, to its senior management team. Essex-based Gillingham will operate from Bright Purple’s London office where he will take on a global remit to build the firm’s business across UK and international markets.

After spending nine years at Lehman Brothers in globally focused roles, Gillingham joined the Japanese Investment bank Nomura, serving as theGlobal CAO Technology, based in London. He left that role 18 months ago and to establish his own consultancy business.

His appointment comes on the back of Bright Purple unveiling its financial performance for 2011/12 where the firm saw seven per cent growth with revenues rising to &pound39.3m. In a year of heavy investment, including its newly launched eastern and central Europe base in Lithuania earlier this year and the opening of the firm’s own internal training academy, Bright Purple generated profits of &pound440,000.

Bright Purple CEO, Nick Price said: “The appointment of Ken Gillingham is a massive coup for our business and we really are delighted to welcome him into the Bright Purple family. Ken has a wealth of experience and many contacts across the global financial services market. He is already opening doors to help us continue to grow the business.

“I feel that Ken’s appointment, combined with recent developments from our new Lithuania operation, bode very well for Bright Purple’s future. While many firms would give their right arm for seven per cent growth in this climate, we are disappointed but certainly not undeterred by that result.

“There is no doubt that the current Euro Zone situation is making it even tougher to do business in an already tough market place. We are, however, confident that after a year of heavy investment in both resources and energy that Bright Purple is in a great position to continue to move forward with its growth ambitions and further build on its position as a successful international recruitment business.”

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