Peter Dunphy, founder and former CEO of Dryden Human Capital has launched a new financial and professional services venture – Financial Resourcing Group (FRG). The group will focus on building a portfolio of specialist professional recruitment companies across a number of core areas including insurance, finance & accounting, banking, asset management and compliance/regulatory.
Whilst CEO of Dryden Human Capital, Dunphy successfully built a group with an annual turnover in excess of £10 Million. This was achieved through acquisitions and organic growth across a group that included the award winning Darwin Rhodes, which had offices across Europe, the United States and Asia, along with specialist search agencies including Edison Morgan and Nicholson International. Dunphy sold Dryden to private equity investors in 2011.
With over 20 years’ experience in recruitment and a proven track record of building successful recruitment businesses; Dunphy has ambitious plans for FRG. With the backing of Human Capital Investment Group (HCIG), owners of Eden Brown, Resourcing Group, Synergy Group and an additional nine recruitment businesses, he plans to grow FRG both in the UK and internationally.
As CEO of FRG, Dunphy describes the launch as “A great opportunity. Financial and professional recruitment markets are growing strongly and gaps in a usually quite saturated market have opened up. A number of competitors are struggling and there is an opening for a high quality and specialist recruitment supplier with the highest ethical standards and commitment to client service”.
The launch of the group will see HCIG’s specialist actuarial recruitment firm Visir become a subsidiary of the group – this demonstrates the commitment HCIG are making to FRG. HCIG Group CEO Tim Cook comments “we are delighted to have someone of Peter Dunphy’s Calibre on-board, his track record and experience is exemplary. We anticipate that Peter will make a significant contribution to Human Capital Investment Group and we look forward to working with him to develop FRG into a leading player in the financial and professional services sector.”
For Dunphy the future looks promising “With the support of HCIG and its CEO Tim Cook I am able to look at faster growth, market diversification and flexibility in methodology. HCIG offers not just financial strength but excellent back office support and complementary management expertise”.
Dunphy recognises that as with any recruitment business, its people are key, FRG are recruiting for talented and dynamic consultants to join their team. Dunphy is also seeking individuals looking to launch businesses in the insurance, finance & accounting, banking, asset management and compliance/regulatory sectors. For more information please contact Peter Dunphy on p.dunphy@financialresourcinggroup.com.
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