Investor Relations

Press Release

Korn/Ferry International and IBB Management Join Forces

May 23, 2011

CASABLANCA, Morocco, May 23, 2011 /PRNewswire via COMTEX/ --

Korn/Ferry (NYSE: KFY), the premier provider of integrated talent management solutions, and IBB Management Executive Search headquartered in Casablanca, Morocco, announced today that they have formed an alliance. For Korn/Ferry, the alliance offers an ideal opportunity to expand its reach into the Moroccan market while IBB Management gains access to Korn/Ferry's global executive search network.

At the core of the alliance is a mutual exclusive referral relationship for executive search assignments. On May 19, 2011, Abdelaziz Bennis, Managing Director of IBB Management, and Juerg-Herbert Baertschi, Vice President Operations Europe, Middle East and Africa (EMEA) of Korn/Ferry, signed the alliance referral agreement in front of the Moroccan and international press in Casablanca. While Korn/Ferry will refer search assignments involving Morocco to IBB Management, IBB Management will refer its international business to Korn/Ferry. "We consider Northern Africa and the Middle East a strategic growth region, and are confident that IBB Management with its strong regional presence and high-level expertise will add to our network," said Bernard Zen-Ruffinen, president of Korn/Ferry EMEA.

In order to bring the alliance to fruition, Korn/Ferry and IBB Management will be working together closely over the next several months. "Our alliance reflects the wish of our Moroccan and international clients who voiced their increasing need for proven professional solutions and high quality to enhance their strategic and organizational stakes in the region," said Abdelaziz Bennis, managing director of IBB Management. "The geographical position of Morocco as a bridge between Europe and Africa and the announcement of the planned introduction of Morocco into the gulf cooperation council, constitutes key elements of success for our customers' investments and are a means to create a triangular relation between our offices," said Paul Turner, senior client partner and global alliance ambassador, Korn/Ferry.

About Korn/Ferry International

Korn/Ferry (NYSE: KFY), with a presence throughout the Americas, Asia Pacific, Europe, the Middle East and Africa, is a premier global provider of talent management solutions. Based in Los Angeles, the firm delivers an array of solutions that help clients to attract, deploy, develop and reward their talent. Visit www.kornferry.com for more information on the Korn/Ferry International family of companies, and www.kornferryinstitute.com for thought leadership, intellectual property and research.

About IBB Management

Founded in 2006, IBB Management is specialized in executive search and recruitment by direct approach of top managers and board members. Operating from Morocco in the Middle East / Northern Africa region, IBB Management acts on account of both local and international corporations. Thanks to its expert team of 10 consultants, IBB Management has successfully completed more than 600 high-level search and recruitment assignments in Northern Africa and the Middle-East. Visit http://www.ibbmanagement.com/ for more information.

SOURCE Korn/Ferry International

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