Expansion into Psychological

RNS Number : 3084X

Norman Broadbent PLC

03 December 2010

 



For immediate release                                                                                                                 3 December 2010

Norman Broadbent plc

(the "Group")

Expansion into Psychological Assessment Services

Norman Broadbent plc, a leading provider of executive search and leadership consultancy services is pleased to announce the acquisition of the business and assets of Human Asset Development International Limited ("HADIL"), the established and highly-regarded provider of psychological assessment, talent audit, executive coaching and applied research services.

HADIL will remain separate from the executive search services provided by the Group in order to present an independent and objective consulting offering.  The Board believes this is an appropriate alternative to the current trend for integrated services within the executive search market. 

Andrew Garner, Group Chief Executive, Norman Broadbent plc said:

"The Walker Report emphasised the importance of the assessment and calibration of boards and senior management.  HADIL's core product provides in-depth psychological profiling of both individuals and senior teams.  We believe psychological assessment should be an essential part of our service portfolio, but it must be provided with a guarantee of confidentiality and objectivity.

"I would like to welcome the talented team of psychologists who bring a new dimension to our product offering.  I would particularly like to thank John Evans, the founder of HADIL for his continued support and inspiration."

Contacts:

Norman Broadbent plc

Andrew Garner/Ben Felton                                                                   020 7629 8822

Merchant Securities Limited

John East/Simon Clements                                                                    020 7628 2200

Buchanan Communications Limited

Tim Anderson/Isabel Podda                                                                  020 7466 5000

 

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