---
title: "Tender for an Executive Search Partner"
ocid: "ocds-h6vhtk-07893e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-07893e"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-07893e.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-07893e.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "Development Bank of Wales"
published: "2026-10-16"
---

# Tender for an Executive Search Partner

Buyer: Development Bank of Wales  
Current stage: Award  
OCID: ocds-h6vhtk-07893e

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-07893e)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-07893e.json)

## Summary

The Development Bank of Wales appointed an executive search partner to support recruitment of a new Chief Financial Officer. This is a specialist recruitment services requirement, focused on senior-level search and appointment rather than general staffing. The work supports the Bank’s leadership recruitment and is associated with the United Kingdom. The procurement was organised by the Development Bank of Wales, based in Cardiff, and covered a single lot. It provides a clear example of the Bank engaging an external search firm for a senior executive appointment.

The procurement is complete and the contract was awarded to IRG Advisors LLP, trading as Odgers. The Bank used a limited competition below the applicable threshold. The contract was signed on 13 October 2026 and runs from 13 October 2026 to 31 January 2027. Its value is £39,000 excluding VAT and £46,800 including VAT. The award is active and covers one lot. The procurement description identifies support for appointing a new Chief Financial Officer, but the published process information does not state the scoring criteria or explain how tenders were evaluated.

For a supplier seeking comparable work with the Development Bank of Wales, this award indicates demand for executive search expertise focused on senior finance leadership. A credible competitor would need to demonstrate a strong track record in identifying, assessing and presenting candidates for Chief Financial Officer roles, along with the capacity to manage a focused executive search for a public-sector financial institution. The buyer used a limited competition, so familiarity with responding to restricted approaches and presenting a clear, tailored search methodology would be relevant. The contract was modest in scale and short in duration, favouring a supplier able to deliver a concentrated recruitment assignment rather than a large, ongoing staffing programme.

## Notice

The Development Bank of Wales ("DBW") invited Tenderers to submit a tender for the appointment of an Executive Search Partner to support the recruitment of a new Chief Financial Officer ("CFO").

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/097811-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Below threshold - limited competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Oct 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 13 Oct 2026 - 31 Jan 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £39,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | Development Bank of Wales |
| Locality | CARDIFF |
| Postcode area | Cardiff |
| Postcode | CF10 4BZ |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL5 South East Wales |
| ITL 3 | TLL52 Cardiff and Vale of Glamorgan |
| Local authority | Cardiff |
| Electoral ward | Butetown |
| Westminster constituency | Cardiff South and Penarth |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | IRG Advisors LLP |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79600000 - Recruitment services

## Release History

- 16 Oct 2026 at 11:04 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/097811-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/097811-2026
  16th October 2026 - Contract details notice on Find a Tender

## Notice URLs

- http://www.developmentbank.wales
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-07893e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-07893e.json.