Financial services organizations are no longer as predictable as pinstripes; the lines are blurring as consolidation among the banking, securities and insurance industries erases traditional distinctions.

Many commercial banks, for instance, have intensified their focus on an ever-widening variety of products and services which produce non-interest revenue and, in the process, are beginning to look more and more like investment banks.  New interstate banking laws will allow savvy banks to implement cost-saving measures in their backroom operations and might well provoke deep and basic process re-engineering.  Investment firms are hedging by offering customers new services that not too long ago were the exclusive domain of banks or thrifts.  And, of course, the computer may add an additional electrifying jolt as even software companies try to chip away at the financial services market.

These dramatic shifts in products, process, and market profiles require broad, strategically-oriented managers who can lead companies through choppy and unchartered waters.  Competitive pressures increasingly demand that experienced professionals from outside the traditional track move between the various components and providers of financial services. 

Perhaps at no time before has the cross-fertilization and innovative thinking that typically results from executive search been as critical to success in the financial industry.  While challenging, today is an exciting time to be recruiting senior executives - the organizational leaders of the evolution in financial services. 

The firm's principals have worked with a wide range of financial services companies including:

Associated Banc-Corp
Bank of America
Citicorp Global Payment Products
Citicorp Savings of Illinois
Comerica, Inc.
Continental Illinois National Bank
Dean Witter Financial Services
Diners Club International
Farm Credit Corporation of America
Financial Institution Investment Services, Inc.
First Bank Systems
First Card (First Chicago Corporation)
LaSalle Bank
Manufacturers National Bank of Detroit
Mid-Citco, Inc.
National Bank of Detroit
NBD Highland Park Bank
Navistar Financial Services
The Northern Trust Bank
Norwest Bank
St. Paul Federal Bank
Sears Mortgage Corporation
Standard Federal Savings
Suburban Bancorp, Inc.
The Talman Home Federal Savings & Loan

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Updated April 2004,      Copyright©2004,     DIECKMANN & ASSOCIATES, LTD.