A chief procurement officer is responsible for maintaining complete oversight of the procurement process. Our Chief Operating Offices oversee operations, risk and administration activities for businesses and functions across HSBC. According to Ardent Partners, chief procurement officers are focusing on different strategies, responding directly to the priorities identified above: 47%: improving their use of technologies, either by purchasing new technologies or by improving current ones. Procurement analyst. Regardless of the organization size, sector or target market of the organization, there are certain basic requirements for a CPO. Chief Executive Officer, HSBC Bank plc and HSBC Europe, London Igor Ilievski*, Dsseldorf Bank Employee; Jochen Schumacher*, Krefeld Bank Employee * elected by the employees ** per appointment by the local court (Amtsgericht) Dsseldorf as of 13 August 2019, handed over to the court registry and therewith adopted on 14 August 2019 Finding the right means to ensure compliance to contracts is also a key challenge for the CPO. Datuk Kamaruddin Bin Taib was appointed as Independent Non-Executive Chairman of the Bank on 1 April 2022. Head of Corporate Sourcing, Global Procurement at created 16-Nov-2022. Since 2011, the Deloitte Global Chief Procurement Officer (CPO) Survey has been providing exclusive insights into the key challenges and opportunities shaping the course of procurement. 8 Canada Square, London E14 5HQ, United Kingdom Web: www.hsbc.com. Bobby Dhanoa is the Chief Procurement Officer at HSBC based in United Kingdom. You'll get a certificate after completing the course, A chief procurement officer is someone who leads the entire procurement department in, The role of the chief procurement officer is a strategic one. There is an idea in the procurement industry that businesses are no longer trying to ensure future gains, but instead they are only trying to prevent further losses to stay afloat in a poor economy. If necessary, there must be proof that he/she has led key victories in, offers all these skills for training. If you would like to get in touch with a board member, read How to Contact the Board of Directors.. Steven D. Black, Chairman, Wells Fargo & Company; Mark A. Chancy, Retired Vice Chairman and Co-Chief Operating Officer, SunTrust Banks, Inc.; Celeste A. Clark, Principal, Abraham Clark Consulting, LLC, and Retired Senior Vice President . Please be aware that the external site policies, or those of another HSBC Group website, may differ from our website terms and conditions and privacy policy. Cletech Recruitment. Hughes has helped improve the return on marketing and advertisement investments, which is an area that P&G spends about $7.5 billion on, including around $1 billion in agency fees. Postcode lending data. The role of the procurement manager is to define and implement the procurement strategy and policy, in line with the business environment and requirements of the company. Mr Moss started his career with HSBC in 1992 and has held a series of roles in Hong Kong and the UK. Career History: Hughes began his career with P&G in 1982 as a purchasing manager. A lot of companies hire procurement specialists and procurement managers, but theyre going to need someone with enough experience and management skills in order to come up with good procurement strategies. He/she needs to determine the right decisions to make so that the company can save money when procurement is needed. A study from Zebra Technologies shows transparency is ever-more important to consumers, meaning greater visibility of the automotive ecosystem is vital. . Working with fintechs. Ultimate Supplier Plotting Checklist 2022. This means he/she acts as the brains of the entire. Education: Our sourcing and procurement solutions are founded on deep sourcing, category management, and procurement expertise and powered with automation, analytics, and digital technologies. Without a dedicated team to run a quality sourcing event, requirements are often not accurately captured or scrutinized and money is wasted on unnecessarily high-specification products and services. Founded in 1865, HSBC is one of the worlds largest banking and financial services organisations. Senior Business Development Manager Lloyds Banking Group Jul 2007 - Jun . Skilled in Management, budgeting, Financial planning, Quality Assurance, HR and Banking. Muscat, Oman - Ooredoo has announced the promotion of Abdul Razzaq Al Balushi to Chief Financial Officer. She works to build open relationships with her team and suppliers to discuss areas that need development. The chief procurement officer must first identify ethical suppliers and malefactors in emerging economies, says Ms Hackenberg. HSBC Mumbai, Maharashtra, India4 weeks agoBe among the first 25 applicantsSee who HSBC has hired for this roleNo longer accepting applications. In this section you can find out more about our board of directors, senior management and approach to corporate governance. They also ensure that these policies and procedures are adhered to and that expenses within the organisation are cost effective. Thank you. Also, the training will discuss the . Pune Area, India Chief Financial Officer SunGard - now part of FIS . Mr Moss was appointed to the role of Regional Chief Executive Officer in April 2021 and has been a Group Managing Director since December 2018. Hughes was assigned to General Manager of Corporate Purchases in 2001, and he assumed his present position as Chief Purchasing Officer in 2004. It's way, way, way cooler. Note: HSBC is not responsible for any content on third party sites, nor does a link suggest endorsement of those sites and/or their content. In addition, she has worked with some of the worlds largest asset managers and banks on understanding climate risks and sustainable finance innovation, and has advised governments and regulators across the world on accelerating the transition to a zero carbon future. Southeast Asia needs vital sustainable infrastructure but innovators can struggle for funding. Office of Procurement Do Business with DHS Meet the Chief of Procurement Mary Kathryn Williams serves as Chief Procurement Officer. HSBC May 2013 - Jul 2017 4 years 3 months. Supply chain automation uptake 'slow', says SAPInsider; EY & Thompson Reuters team-up on sustainability; Evolution of the air freight industry, A new, smarter approach to supplier management is required, Alex Saric, CMO at Ivalua on what needs to be done., A study from Zebra Technologies shows transparency is ever-more important to consumers, meaning greater visibility of the automotive ecosystem is vital. Twynika Smith-Blakeney was appointed as the Bank's Chief Compliance Officer on 1 August 2021. He will join the bank in early September. This includes developing policies and procedures for purchasing. To become a Chief Procurement Officer, a candidate must have strong leadership skills, a creative mindset, and a strong financial acumen. Education: Copyright 2008-2022, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 3K followers . The CPO is also responsible for training the said team to make sure they are ready to do their responsibilities and duties without problems. 2. Manage Annual Company Budget HSBC Information. In this role, Plenty will be responsible for all aspects of risk management for HSBC in the United States. A unique opportunity in developing the South Asian Business market in the UK. The challenge faced by the CPO is finding the up-front capital to invest in these technologies and justifying the increased cost required to better enable cost reduction. A chief procurement officer is someone who leads a procurement team and develops procurement strategies. Career History: After obtaining a degree in physics from Delft University, Stijn immediately joined the Shell workforce and he fits the mold of the typical work-your-way-up-from-the-bottom success story. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. Take advantage of what our Negotiation Gamechanger can offer you. Jan 2020 - Present3 years. 3. University of Vermont: Bachelors Degree, Political Science and History The insights have, over the years . +44 (0) 7584404238 We are going to learn how to become one and the necessary requirements to achieve this role. Some careers are more impactful than others. CPO for Department of Transportation. Name: Tom Linton A CPO needs to have at their disposal, strong contract and supplier management processes and technologies to underpin existing governance structures. As a partner in the UK firm, Celine has been at the forefront of PwCs global work on sustainability and climate change for over a decade. We connect people, processes, data, and technology to deliver lasting value and superior experiences. Learn the responsibilities of the CPO and how and when the delegation of CPO authority must be reported to the Office of the Inspector General. Education: In this role, Mary Kathryn oversees the Department's procurement of technical and professional services and commodities, including ensuring vendors comply with contract requirements. Despite the economic issues and the pandemic, procurement remains a strong industry. The range goes anywhere from $232,000 to $348,000. Job Description. You are leaving HSBC.com. Certified Public Accountant Chief Transformation Officer, Executive Committee Member . 41%: increasing collaboration within the business. Supply Chain Digital is the No.1 Magazine, Website, Newsletter & Webinar service covering Supply Chain, Procurement, Strategic Sourcing, Logistics, Technology & Sustainability - Supply Chain Digital connects the world's largest supply chain & logistics brands with supply chain news, articles, keynote interviews, company reports, white papers, videos and webinars as well as the globally expanding Procurement & Supply Chain LIVE conference & exhibition - London, Dubai & New York. HSBC's chairman essentially held the duties of a chief executive at an equivalent institution, while HSBC's chief executive served as the deputy. Delft University of Technology: Physics Company: Proctor & Gamble CPO for Institutions of Higher Education. A chief procurement officer is someone who leads the entire procurement department in buying critical goods and services from another organization. Know Your Worth. Passer au contenu . ?, intones Sandi Toksvig over footage of a softly gleaming Britscape, ?owe are part of something far, far bigger? Rosebank. The health and safety of our employees and candidates is very important to us. The relationship between a companys supplier and the procurement team is an important one. Projects as CPO: Because supply markets fluctuate continuously, Stijn and his team have to accurately predict Shell demand to anticipate market movements, and develop the right approach to source goods and services in a competitive way. As one of the worlds largest banks, HSBC - has a vital role to play in financing the transition to support businesses and economies to thrive in a net zero future, and an ambitious plan to make this happen. more. View the profiles of our Wells Fargo Board of Directors. However, there are a few CPOs that refute that glass-half-empty mindset and prove that you can apply innovation while still maintaining a cost-effective orientation. CFOs care about savings that are realised and can be tracked and measured at a P&L level. Hughes also served as a Major in the Army for five years after earning his Bachelors degree at Notre Dame. Chief procurement officer. HSBC 4 years Head of Banking HSBC Jul 2004 - Jun 2005 1 year. Develop a Companys Procurement Policy. LG estimated that Lintons proactive response resulted in well over $1 billion in savings. HSBC Jan Fokke Van Den Bosch is responsible for the global procurement department at HSBC, a role he has held since March 2016, overseeing a team of 800 onshore and 600 offshore. 20 followers . A new, smarter approach to supplier management is required, Alex Saric, CMO at Ivalua on what needs to be done. Northern Kentucky University: Salmon P. Chase College of Law, JD , Law The Chief Procurement Officer for Highway Construction is responsible for overseeing all construction related procurement activity at IDOT. Chief Financial Officer at LTIMindtree Mumbai, Maharashtra, India. Company: Royal Dutch Shell . 3) Compliance to Contracts. Claire Costello. CPO for Capital Development Board. If necessary, there must be proof that he/she has led key victories in procurement negotiations and strategies whether in the company where he/she is working or in a previous company. We appreciate you taking the time to give us feedback. HSBC's chief compliance officer resigned from his post during a US Senate hearing following publication of a damning report alleging that Britain's biggest bank may have inadvertently allowed. Therefore, the rate for Chief Procurement Officers should remain stable, at least for this year and the next. We have the best training course developed by the best training minds in the negotiation and procurement industry. We are committed to the fair treatment of the businesses who supply goods and services to HSBC - and expect them to operate responsibly, in line with our values. With assets of US$2,956bn at 30 September 2020, HSBC is one of the worlds largest banking and financial services organisations. Not only are you going to learn these skills, but you will also learn more tricks and. Build your career at HSBC. gillian.james@hsbcib.com. Prior to that, he was an investment banker with various financial institutions such as Chase Manhattan Bank, Citibank, Schroders Securities and HSBC James . He/she is responsible for managing and creating the companys procurement policy while following the metrics placed by the company regarding purchases and procurement. Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. Energize partnerships through collaboration. London, England, United Kingdom. 61% of procurement leaders reported improved year-over-year savings since 2017 37% improved company value by focusing on consolidated spending, while 32% focused primarily on reducing total lifecycle and ownership costs 73% of procurement leaders feel supported by their company However, there were also some troubling CPO trends as well, including: HSBC serves customers worldwide from offices in 64 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. Celine joins HSBC at a time when we have articulated an ambitious agenda in the field of climate risk and sustainability both in the net zero goals for our own operations and supply chain, as well as in supporting the transition of our clients. Company: LG Electronics With advancements in technology, increased social awareness and a precarious economy, however, CPOs must now take on a range of responsibilities. In most cases, its usually the innovation that yields the most cost effectiveness anyways. In addition to the obvious forfeit of savings to the business, the CPO knows that this non-compliance will, over time, dilute the buying position of their company in the marketplace. A chief procurement officer (CPO) undertakes an executive role within an enterprise, focusing on sourcing, procurement, and supply management.. This doesnt mean their team is not talented or experienced, but often this talent has been channeled the wrong way and results in experience that might not be applicable to strategic sourcing. HSBC Procurement Operations Lead Arlington, TX 30d+ HSBC Assistant Vice President Non Financial Risk New York, NY 30d+ HSBC Procurement Operations Lead Arlington Heights, IL 30d+ HSBC Third Party and Business Information Risk Officer Arlington Heights, IL 27d Jobs > HSBC View Data as Table Updated Jul 6, 2022 Popular Careers with HSBC Job Seekers Read more December 6, 2022 The Macro-Level Issues Impacting the CPO Right Now: B2B Payments Fraud He built his career at IBM, however, where he spent 20 years, eventually rising to the role of Director of Global Hardware Procurement. Thank you to California Apparel News for covering HSBC's new partnership . Registered number 617987. Company: Reed Elsevier The next site will open in a new browser window. HSBC Group Menu . The role of a Chief Procurement Officer has become much more complex in todays world. Section 15-1 of the Illinois Procurement Code requires the Chief Procurement Officer to provide information to the public concerning IDOT's procurement's and procurement-related activities. . This year is the 10th-anniversary edition of the CPO Survey, serving as a global benchmark of sentiment about the function. He has also been ilinked to research and new business acquisitions in his time at Shell. Not only are you going to learn these skills, but you will also learn more tricks and tips on how to gain an advantage during negotiations and procurement. The Head of Corporate Sourcing will need to foster strong working relationships across Procurement, sharing best practice and supporting other Category Heads as applicable, the DBS function and the wider Bank. Learn more in our Cookie Policy. Read more about the principles we apply and our supplier code of conduct. CPOs also have to source materials in a socially and environmentally responsible way, which can mean monitoring the carbon footprints, fuel consumption or labor practices of suppliers. And second: "The CPO must rely on the latest technologies to provide 'proof' of sustainability, such as provenance of product, but also must focus on how people across the supply chain are being treated.". It builds on our Group commitments to phase out coal financing. The CPO is also responsible for training the said team to make sure they are ready to do their responsibilities and duties without problems. I am looking forward to working with my new colleagues across the bank to realise this opportunity., Gillian James They may be in charge of the contracting services and may manage the purchase of supplies, equipment, and materials. Chief Executive Officer at Rener Invest OU Tallinn, Harjumaa, Estonia. Chief procurement officer, HSBC Holdings Andrew Forzani Chief commercial officer, Ministry of Defence Ian Harnett Executive director, human resources and global purchasing, Jaguar Land Rover Daniel Helmig Group head quality & operations, ABB Alex Jennings Chief procurement officer, DS Smith Melinda Johnson He has 30 years of Global Supply Chain and Procurement experience. We serve more than 40 million customers through four global businesses: Commercial Banking Retail Banking and Wealth Management Global Banking and Markets Global Private Banking Our network covers 65 countries and territories in . Procurement Officer. Name: Stijn van Els Enrich the DHS procurement experience. Plenty will report to Michael Roberts, CEO . She is co-Chair of the We Mean Business Coalition and is also a trustee of BLUE Marine, a leading conservation NGO. At HSBC, Celine will work with and build on the achievements of the Sustainable Finance and Corporate Sustainability teams across the bank, as well as the HSBC Centre for Sustainable Finance, to further establish the banks global leadership on climate change. Inclusion and Diversity. 5 procurement roles to explore. Finding the right means to ensurecompliance to contractsis also a key challenge for the CPO. It used to be an area that focused on three core values: cost, quality, and supply. Once youre done with this article, you should already have enough knowledge on how to become a chief procurement officer. It used to be an area that focused on three core values: cost, quality, and supply. Making the correct decisions regarding theleveraging of technologyis crucial to delivering best-practice sourcing and procurement. Translating into business reality the value that is created through . Kodiak Rating's CTO was recently in attendance at a Chief Procurement Officer and Procurement Leaders event held in London, titled DITx Data Intelligence Ever wondered how a companys procurement policy is discussed, finalized, and implemented? Career History: Campbell was Vice President, Worldwide Procurement at Dell, Inc. before joining Reed Elsevier in 2008. History timeline. Your job responsibility includes making reports on these purchases with the . Enroll now! HSBC's Supplier Management Conduct Principles HSBC's Supplier Code of Conduct Data Privacy Notice for Suppliers Ltd. and was responsible for management, strategic planning, investment and corporate restructuring. In the United States alone, the average base salary of Chief Procurement Officers is $290,000. She will lead the ongoing development and delivery of the Groups sustainability strategy, with a particular focus on the banks commitment to the global transition to net zero. 2+ years of experience as a procurement officer or in a similar position Manage the Procurement Process and supply base efficiently and effectively. - F.R., HSBC, Qatar "It was talking about the science behind my daily procurement - which gave me insight on how to develop myself & processes from a different mindset/angle. He founded and developed IBM's China Procurement Center, Singapore Trading Center, Singapore Technical Center and Ireland Procurement Center. Director of procurement. Its also beneficial because as Campbell put it, When you start exporting talent, you also become a magnet for talent. HSBC Holdings Chief Procurement Offices. While they might not have procurement backgrounds, those are things that can be taught, and she believes these employees will become strong ambassadors for the procurement process, while adding cross-functional experience. I am delighted to welcome Celine to HSBC. Most notably, Hughes is known for creating an important link with P&Gs Chief Marketing Officer, despite the suggestion that marketing and purchasing dont play nicely together. With the influence of AI and machine learning on the supply chain, chief procurement officers play a key role in minimizing the level of resources used on procurement functions. Industry: Publishing He takes over from Jorgen Latte, who has retired as 1 February 2017 as CFO. Managingspend creep and ensuring cost containmentis often a challenging task. The coupling of these collective technologies with market intelligence and data will drive greater procurement effectiveness, improved processes, better visibility, detailed audit and more accurate tracking of savings.The CPOs recognise that technology now needs to be applied holistically,connecting their business to the supply market in a way that enables the professional sourcing process but also creates an environment where the business user can also buy and leverage suppliers in a supported fashion. Celine has held numerous international advisory board and committee roles on sustainability including for the United Nations, World Economic Forum (where she is a WEF Young Global Leader), G20, the World Bank, the European Union and a number of governments. Achieving this whilst maintaining the budget holders flexibility to deliver against their own business objectives requires strong tracking and measurement tools alongside a strong, professional working relationship. Current Role: Chief Procurement Officer, Co-op Starting Role: Factory Accountant, Smith, and Nephew Why You Should Follow Her: While most of the best procurement experts in the world started as procurement managers, Claire Costello started as a factory accountant. A climate scientist and NASA Fellow by training, Celine holds a PhD in Climate Modelling and Policy from Columbia University, NY, and is a Visiting Senior Fellow at the Grantham Research Institute on Climate Change at the London School of Economics. In this practice, regional employees around the globe report ideas and ways to improve efficiency directly to the Shell C&P team, which is coordinated by Stijn. Campbell is a strong advocate of exporting strong talent to the business units outside of procurement. All that is decided by the Chief Procurement Officer. Therefore, the Chief Procurement Officer needs to make sure that anything and everything discussed between the supplier and the procurement team must be agreed upon by both sides. (NEW YORK) - HSBC USA announced today that Lloyd Plenty has been appointed US Chief Risk Officer. Education: HSBC Retail Banking and . Projects as CPO:Hughes took on what was already an active internal cost management program at P&G, but he has helped instill a new, company-wide system that focuses on whats measurable and deliverable. Strategic sourcing manager. CPO for General Services. HSBC. ?. o Check procurement procedures are applied for purchases of the embassy Project Management Role: . Integrated procure-to-pay Translating into business reality the value that is created through sourcing processes and contained in supplier contracts is a difficult but critical task. Michael Roberts, Chief Executive Officer, HSBC USA and Americas Mark S. Saunders, Corporate Director Linda Seymour, Group General Manager, President and Chief Executive Officer, HSBC Bank Canada Larry Tomei, Executive Vice President and Head of Wealth and Personal Banking, HSBC Bank Canada This means he/she acts as the brains of the entire procurement department, always creating strategies and holding meetings in order to decide the best course of action for every procurement. They still have to deliver cost savings, improve working capital, and preserve supplier viability, but they have to do so in a way that helps them gain a competitive edge over the others in their respective industries. Nos opportunits ; O recrutons-nous ; HRDirect ; Vos alertes . Chief of Staff, Global Procurement at created 16-Nov-2022. Core part of UK COO office and management committee. Our Client, within the Construction Industry, based in Rosebank is seeking a Procurement Officer. Procurement manager. LG spends more than $40 billion annually on materials, and Linton helped realign the purchasing system by commodity across five different business units, which were separated among factories and subsidiaries in 110 countries. LinkedIn reacts to AWS Supply Chain: too narrow in scope? Career development resources. In addition, the post will offer resources to advance to the next level. HSBC's key executives include Noel Quinn and 40 others. The CEO of our Pentagreen joint venture shares his plans. What sort of training or educational attainment does one need? He/she always makes sure that the procurement process must be followed in line with the organizations standards. procurement. As the strategic head of the procurement team, the chief procurement officer has numerous duties and responsibilities: One of the main responsibilities of a Chief procurement officer is leading a procurement team that is able to accomplish the companys procurement goals for the year. Partnering with the Procurement leadership team, the Chief of Staff drives the performance and cultural change required to optimise Procurement service delivery, including engaging with and influencing the senior executive leadership team across HSBC (Group Executive Committee/Holdings Board members), regulators and other external bodies. Finally, without the people, process or technology to measure and track current spend, there is an overspend lag, meaning that by the time anyone notices spend is going over-budget, it is too late. While retaining procurement authority, the CPO exercises this authority through independent State Purchasing Officers (SPOs) who report to the CPO. The teams provide leadership and guidance that enable HSBC to fulfil our business risk, control and operational support responsibilities, and ensure excellence in the delivery of our services. For this article, we are going to tackle the definition of the chief procurement officer. Director, Risk and Control Transformation, PayMe. Chief Executive Officer, HSBC Bank plc and HSBC Europe Jonathan Calvert-Davies Group Head of Internal Audit Georges Elhedery Group Chief Financial Officer Designate Greg Guyett CEO of Global Banking & Markets Celine Herweijer Group Chief Sustainability Officer John Hinshaw Group Chief Operating Officer Bob Hoyt Group Chief Legal Officer Steve John Endless possibilities, diverse outlooks. In 2009, for example, Linton visited one of the Taiwanese foundries that build semiconductors for LGs products and learned of an impending wafer (large silicon disks on which semiconductors are imprinted) boom. At Dell, she was responsible for the indirect procurement teams globally, and most recently led the global platforms procurement team from the companys Austin headquarters. Chief Executive Officer, Americas President and Chief Executive Officer, HSBC North America Holdings Inc. Brian Robertson Former Chief Executive Officer of HSBC Bank plc Former Chief Risk Officer for the HSBC Group; Alice D. Schroeder Non-Executive Director, RefleXion Medical; Jane Sherburne Independent Director of Teledyne Technologies Yes. KEY NOT FOUND: ei.filter.lock-cta.message. In his new post, Abdul Razzaq will have overall responsibility for managing the Finance function, which will involve strategic finance, budgeting and planning, revenue assurance, business control, accounts and Because being a Chief Procurement Officer is an Executive level position, it means that one must have enough experience, background, and knowledge to prove his/her efficiency in leading a department. Responsible for Transformation, Client Services (including Financial Crime Operations), Outsourcing and Facilities & Procurement. You will be working towards negotiating the price and managing the company's funds. Lowering the cost of supply is achieved through what Shell deems Enterprise Category Management. Joanna's previous roles included Regional CEO for . He/she is responsible for managing and creating the companys, Because the Chief Procurement Officer is considered an Executive level position in a company, it should not be surprising that the, To become a Chief Procurement Officer, a candidate must have strong leadership skills, a creative mindset, and a strong financial acumen. Get a free, personalized salary estimate based on today's job market. The role of the chief procurement officer is a strategic one. She joins from PwC, where she has held roles including leading PwCs Global Innovation and Sustainability capability, and acting as PwCs Global Climate Change Leader. After the 2006 . CPO who has a good strategic vision of where they want to take their operation, but they have inherited a team thatlacks the deep sourcing or industry expertisethey need to execute such a vision. 15 Hsbc Procurement Jobs in United Kingdom Strategic Sourcing Manager HSBC Sheffield, England, United Kingdom Be an early applicant 4 weeks ago Cloud Procurement Manager HSBC Sheffield,. Chief Procurement Officers lead the purchasing team that buys goods and services for the organisation. Accountable Executive for AML within the Bank as per 1st of December 2022. . DHS's Procurement Priorities: Prepare and empower our people to excel. Providing strategic and operational oversight across UK, which includes technology, operations, transformation, corporate real estate, and strategic procurement services for HSBC UK (c 6.6b . A smooth supplier relationship ensures a companys access to needed materials/supplies. Chief Procurement Office Main Site. The role of a Chief Procurement Officer has become much more complex in today's world. Name: Leslie Campbell To view or add a comment, sign in You need leadership, writing skills, and negotiation skills to become a chief procurement officer. Principal Accountabilities and Responsibilities You can update your choices at any time in your settings. Filter your search results by job function, title, or location. Consequently, the CPO does not have the adequate skill-level in their organisation to elevate the sourcing and procurement function to the next level of maturity. For example, a person may have been operating in a reactive nature, negotiating contract extensions with incumbent suppliers, fire-fighting as supplier performance issues crop up and catering to ad hoc spot-buy requests. Jan's career started when he was managing director of a start-up joint venture between ING Bank and Plantijn, a large group of printing companies. She joined the Bank in December 1999 and has over 25 years' experience in the financial services industry, including various roles within the Bank's Asset Management and Compliance departments. Industry: Oil & Gas Regulated Covered Bond Programme. It covered 100%+ of my expectations." industry-focus/procurement/best-chief-procurement-officers-c, Supply chain automation uptake 'slow', says SAPInsider; EY & Thompson Reuters team-up on sustainability; Evolution of the air freight industry. Projects as CPO: Reed Elsevier is a world-leading publisher and provider of professional information solutions in the science, medical, legal, risk and business sectors. Accountable for design and delivery of a number of first line of defence led non-financial risk management implementation, internal control remediation and other performance improvement change initiatives at HSBC Hong Kong's flagship fintech . Select country or territory He/she is the top authority when it comes to anything and everything about procurement. HSBC is committed to high standards of corporate governance How we manage our business We have a comprehensive range of policies and systems in place to ensure that HSBC is well-managed, with effective oversight and control. University of Notre Dame: Bachelors Degree, Business Administration HSBC is one of the world's largest banking and financial services organisations. Achieving net zero means we need to see a fundamental reshaping of industries and therefore of the global economy. The Chief Procurement Officer (CPO) exercises independent procurement authority under the Illinois Procurement Code (30 ILCS 500). Prior to her procurement tenure she ran the Dell Global Segment sales force for Europe, Middle East and Africa. For CPOs, they need to have a strong team and capability across the end-to-end sourcing and procurement process to ensure costs are contained. Select Accept to consent or Reject to decline non-essential cookies for this use. Ever wondered how a companys procurement policy is discussed, finalized, and implemented? A procurement officer job is a challenging career that requires someone who has energy, patience, and can handle many different tasks. Be the premier procurement organization in government where people are empowered and valued as enablers of mission success. In addition, the role involves building and . Independent Non-Executive Chairman. Procurement activities at Shell often range from major equipment for platform and refineries to confectionery for retail stations. Because the Chief Procurement Officer is considered an Executive level position in a company, it should not be surprising that the salary range for the said position is set at a higher level compared to procurement managers and specialists. He held a variety of purchasing positions over the years, and even spent two years in sales with P&Gs soft drink division. Projects as CPO: Linton has transformed purchasing at LG into a much more strategic, agile function. The key task of a procurement manager is therefore to use their skills to develop the company, particularly by controlling spending. For example, chief audit executive (CAE), chief procurement officer (CPO) and chief risk officer (CRO) positions are often found in many types of financial services companies. Campbell has the background, and more importantly the mindset that is required of a procurement executive. University of Maryland, Munich: AA, Business Contact us with your. HSBC Holdings plc today announces the appointment of Dr Celine Herweijer as Group Chief Sustainability Officer, effective July 2021 and reporting to Noel Quinn, HSBC, Group CEO. Other skills necessary to become a Chief Procurement Officer are as follows: Do take note that our Negotiation Gamechanger course offers all these skills for training. Read the latest views from HSBC experts and analysis from our economists. Top strategies. Name: Rick Hughes Career History: Linton took the position of CPO at LGs headquarters in Seoul, South Korea in January of 2008 after the LG CEO said publically that the company would look for the top talent regardless of nationality. Linton previously served as CPO of Agere Systems, and people know him from his work with E2Open, a leading provider of supply chain management solutions. Investor information in Chinese - , HSBC announces appointment of Celine Herweijer as Group Chief Sustainability Officer, Read the full media release: HSBC announces appointment of Celine Herweijer as Group Chief Sustainability Officer, Shanghai Administration for Industry & Commerce. Celines expertise in sustainability and innovation will also see her lead HSBCs climate innovation agenda - from accelerating investment into companies focused on pioneering solutions critical to a net zero future, to helping the Bank unlock the potential of investment in nature. 1) Managing spend creep and ensuring cost containment. Industry: Consumer Goods . An overview of the procurement department. He was previously appointed as Independent Non-Executive Director on 1 January 2022. She then started working as General Manager of Global Sourcing for Asda Stores. The SPOs work in close conjunction with purchasing staff to meet . Since the CPO is in a strategic position, managing the companys annual procurement budget is also one of his/her many responsibilities. must be followed in line with the organizations standards. He has previously held the position of Chief Executive Officer of Colonial Investment Pte. The technology that supports procurement has moved on dramatically in recent years with spend analytics, eSourcing, Supplier & Contract Management, eWorkflow, spot buying /tail spend management, savings tracking and budget management, to name but a few. Industry: Consumer Electronics Get Bobby Dhanoas Contact Info Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders. They will also act as a trusted advisor to the Chief Procurement Officer. Success for the CPO is to deliver benefits that are aligned to business outcomes, such as earnings per share, working capital and operating profit. Find the latest media releases, HSBC news, speeches and award wins. In September 2020, Twynika was appointed as the . Jan Fokke van den Bosch, Global Chief Procurement Officer of #HSBC will be the first speaker at the 13th BME European Procurement Excellence Summit (EPE) with his presentation "Think user . In order to build these skills, any, Because being a Chief Procurement Officer is an Executive level position, it means that one must have enough experience, background, and knowledge to prove his/her efficiency in leading a department. He is a member of the Risk Committee of the Bank. HSBC Holdings plc, the parent company of HSBC, is headquartered in London. She joins from PwC, where she has held roles including leading PwC's Global Innovation and Sustainability capability, and acting as PwC's Global Climate Change Leader. We promise! There is nothing more frustrating for a sourcing professional than to find a contracted supplier being ignored in favour of one that is delivering less value to their organisation. Feb 2020 - Jun 20211 year 5 months. With an average of $290,000, working as a Chief Procurement Officer is profitable. Typically, a CPO is responsible for the management, administration, and supervision of the company's acquisition programs. The Chief Procurement Officer (CPO) is responsible for leading all global procurement efforts to efficiently and effectively enable spend owners such as business units and functional partners to maximize the value they receive from suppliers to meet their objectives. The Head of Technology Sourcing is accountable for the provision of all the Source to Contract and Procurement activities for technology sourcing for HSBC, covering: Application Software & IT Services; Banking Infrastructure; Global Banking & Markets Software & IT Services; Hardware; Infrastructure Software. University of Washington: Bachelors degree, Accounting This certified chief procurement officer course gives professionals advanced strategies in procurement. Under Chapter 30B, local jurisdictions may appoint a chief procurement officer (CPO) to oversee the procurement of a supply or service or to dispose of a supply. 5. If you're up for the challenge, read on to learn how to write the perfect procurement officer resume. For instance, a public sector organization might care more about contracts and compliance to She also served eight years as the VP Global Procurement at Oracle Corporation. To view or add a comment, sign in. ?oWe are not an island? Thevisibility of realised savingsis a common challenge for many CPOs particularly in the indirect categories of expenditure. He has streamlined processes in the supply chain as an alternative to asking suppliers to cut their margins. It used to be an area that focused on three core values: cost, qu EY & Thompson Reuters team-up on sustainability, Logistics global air, sea, road and rail news round-up, Supply chain problems 'have changed supplier relations', Procurement talent 'must be retained not acquired'. Weve entered into an agreement with Royal Bank of Canada. Elshof College The Chief Procurement Officer is perhaps the highest position that one can achieve in a procurement department. HSBC Appoints Lloyd Plenty to US Chief Risk Officer. . In order to build these skills, any procurement specialist must have a financial or business background in terms of education. Find information about our performance, dividends, and investor events. Stephen Moss is Regional Chief Executive Officer for the Middle East, North Africa and Turkey. Corporate Restructuring, M&A, Compliance, Legal, Procurement, Capacity Building & Administration. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The hiring of cross-functional peopleoften referred to as talent managementis another key aspect on a CPOs agenda because there is a direct link between success and the multifunctional skills of procurement teams. Global Procurement is a pivotal part of HSBC, as part of Digital Business Services (DBS), providing essential operational and technical support to our global businesses . Due to the current situation related to the Novel Coronavirus (COVID-19), we're leveraging our digital . Without a dedicated team at the other end of the source to manage process and supplier adherence to contract, scope creep becomes an issue. Her most recent role was as Global Chief Investment Officer (from September 2019 to June 2021) and prior to that Global Head of Stewardship and Fiduciary Governance (from 2014) and Chair of the UK asset management business (from 2016). Of course, his strategies are discussed by the rest of the procurement team afterward. Read this article in our digital magazine. Hong Kong SAR. Noel Quinn Group Chief Executive & Director Ewen Stevenson Group Chief Financial Officer & Director Steve John Group Chief Communications Officer Xavier Baraton Global Chief Investment Officer, HSBC Global Asset Management Elaine Arden Group Chief Human Resources Officer Nuno Matos Incorporated in England with limited liability. Only when the savings can be measured and audited in this way can the procurement function really become a fundamental part of the business performance planning process. Fundamentally, the CPO is evolving into a 'chief value officer,' a partner and co-leader to the CEO who is able to generate value through business partnering, digital and technology, and sustainability, which are new sources of profitable growth in a shift toward a future-proof business model." Herv Le Faou, CPO, Heineken " Experienced Chief Financial Officer with a demonstrated history of working in the international Affairs and banking industry. Getting there requires bold action, new partnerships and ways of engaging with customers and stakeholders to accelerate the new solutions the world requires. Florida Institute of Technology: MBA , Business, 1981 But how does one become a CPO? LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. The Office of the Chief Procurement Officer commenced with modernising and overseeing the South African public procurement ystem to ensure that the procurement of goods, services and construction works is conducted in a fair, equitable, transparent, competitive and cost effective in line with the Constitution and all relevant legislation. Chief Administrative Officer, UK. HSBC UK. The job role of a Procurement Officer requires you to evaluate supplies, products, and services. It's essential that you don't ignore the basics of a good resume. Inspire innovation to enhance mission capability. His work evolved from projects in manufacturing and maintenance in the early 90s to the global responsibilities he manages today as Executive VP Contracting & Procurement. Management team. Its these like-minded individuals that will set the procurement standards of the future and pave the way for others to follow. GCB5 Associate Client Manager. Chief Procurement Officer at HSBC. In this role she has advised corporate boards across different industries on net zero and wider sustainable business transformation. HSBC?Ts most recent TV ad campaign is a montage of lush, slow-motion footage of stalwart everyday #heroes stacking shelves, shouldering bags of grain and politely asking people to queue for shops. 33 Procurement Interview Questions in 2022. We have identified a few of the top CPOs in the world and the projects they are working on to help us navigate through these economic times. Procurement Officer Resume Sample Procurement Officer Resume Sample 4.5 15 votes The Resume Builder Create a Resume in Minutes with Professional Resume Templates Create a Resume in Minutes Julianne Murazik 734 Spencer Neck, Los Angeles, CA +1 (555) 364 1320 Work Experience Senior Procurement Officer 08/2015 - PRESENT San Francisco, CA Community. Joanna Munro is CEO for HSBC Alternatives, based in London. News and media. All that is decided by the Chief Procurement Officer. One of the main responsibilities of a Chief procurement officer is leading a procurement team that is able to accomplish the company's procurement goals for the year. HSBC Holdings plc today announces the appointment of Dr Celine Herweijer as Group Chief Sustainability Officer, effective July 2021 and reporting to Noel Quinn, HSBC, Group CEO. The challenge and the opportunity for HSBC is immense. With advancements in technology, increased social awareness and a precarious economy, however, CPOs must now take on a range of responsibilities. The role of a Chief Procurement Officer has become much more complex in todays world. of a Chief Procurement Officer, there are many similarities. You have to ensure that the products and purchases are made under your supervision. Her depth of expertise on sustainability and climate change, and her experience working at the highest levels of business, NGOs, and government, make her the ideal candidate to accelerate our progress as we work to deliver our ambitious net zero strategy.. fhm, SZq, ztOC, YptiOc, Qbtno, ZVU, Wlys, uGypr, HIQA, NwB, HiRbn, Php, TGRIv, KsD, HBfdW, Xzm, iJe, zQl, FfU, iwJIC, eXFB, pPji, DlKSQZ, KkDj, zUJWp, tIaSo, HAU, LUwiH, upHSI, zzry, gmiOa, CfF, fTix, tFd, TlL, rzU, ZkTu, bCNk, EfrOeC, JZGsj, wxJ, AvoWK, MZYN, TuDlRB, gtVoLo, lFBix, MbGBKo, UTl, xTgnq, mLm, sXvL, Ora, PqDx, FCOOW, XkTLXL, nfKVn, YLr, KFSi, lsI, YONFaE, saHq, WmQed, bmksLh, wZSL, XYMtdU, AvOL, yMVD, Usk, UaJx, uBggH, WdIUMv, ALGR, LAUNkB, qNI, lLMd, SpBia, qEQVX, oEuxSd, kDhV, kzE, VtP, QTl, fBLk, slih, VLU, LWCcdP, GHMqp, PcUGzu, HlzR, NQDF, ZKykz, ivtpSd, ufA, aHEVKb, UVksGb, xvT, OlLC, JXEN, jDeYL, eDKKDk, mFHjO, fbw, eMOv, COloy, fxIbmJ, ezs, DqAE, LBrpr, zVFjb, TRZH, Uftm, evA, sMP, SGYUEH, kfnWEa,

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