hsbc chief procurement officer

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. Muscat, Oman - Ooredoo has announced the promotion of Abdul Razzaq Al Balushi to Chief Financial Officer. . The Chief Procurement Officer for Highway Construction is responsible for overseeing all construction related procurement activity at IDOT. Procurement Officer. 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. The CPO is also responsible for training the said team to make sure they are ready to do their responsibilities and duties without problems. must be followed in line with the organizations standards. CPO for General Services. Manage Annual Company Budget Of course, his strategies are discussed by the rest of the procurement team afterward. 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. Chief procurement officer. 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. LinkedIn reacts to AWS Supply Chain: too narrow in scope? HSBC's Supplier Management Conduct Principles HSBC's Supplier Code of Conduct Data Privacy Notice for Suppliers 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. Director of procurement. 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. 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 of a Chief Procurement Officer, there are many similarities. 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'. Career History: Campbell was Vice President, Worldwide Procurement at Dell, Inc. before joining Reed Elsevier in 2008. 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. 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. He/she needs to determine the right decisions to make so that the company can save money when procurement is needed. o Check procurement procedures are applied for purchases of the embassy Project Management Role: . 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. Certified Public Accountant Build your career at HSBC. Senior Business Development Manager Lloyds Banking Group Jul 2007 - Jun . 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 Name: Rick Hughes HSBC May 2013 - Jul 2017 4 years 3 months. HSBC 4 years Head of Banking HSBC Jul 2004 - Jun 2005 1 year. 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. Campbell has the background, and more importantly the mindset that is required of a procurement executive. 2+ years of experience as a procurement officer or in a similar position Manage the Procurement Process and supply base efficiently and effectively. Career History: Hughes began his career with P&G in 1982 as a purchasing manager. He founded and developed IBM's China Procurement Center, Singapore Trading Center, Singapore Technical Center and Ireland Procurement Center. 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.. 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. A study from Zebra Technologies shows transparency is ever-more important to consumers, meaning greater visibility of the automotive ecosystem is vital. Endless possibilities, diverse outlooks. 5 procurement roles to explore. 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. 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. University of Maryland, Munich: AA, Business The CPO is also responsible for training the said team to make sure they are ready to do their responsibilities and duties without problems. The role of a Chief Procurement Officer has become much more complex in todays world. LG estimated that Lintons proactive response resulted in well over $1 billion in savings. Thank you to California Apparel News for covering HSBC's new partnership . Industry: Publishing Stephen Moss is Regional Chief Executive Officer for the Middle East, North Africa and Turkey. Company: Proctor & Gamble Filter your search results by job function, title, or location. 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. Twynika Smith-Blakeney was appointed as the Bank's Chief Compliance Officer on 1 August 2021. You are leaving HSBC.com. Company: LG Electronics Our sourcing and procurement solutions are founded on deep sourcing, category management, and procurement expertise and powered with automation, analytics, and digital technologies. 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. Success for the CPO is to deliver benefits that are aligned to business outcomes, such as earnings per share, working capital and operating profit. Since the CPO is in a strategic position, managing the companys annual procurement budget is also one of his/her many responsibilities. 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. 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. 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 . Chief Executive Officer at Rener Invest OU Tallinn, Harjumaa, Estonia. 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. It used to be an area that focused on three core values: cost, quality, and supply. 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. They also ensure that these policies and procedures are adhered to and that expenses within the organisation are cost effective. Feb 2020 - Jun 20211 year 5 months. 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. Enroll now! She works to build open relationships with her team and suppliers to discuss areas that need development. 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. Hong Kong SAR. Weve entered into an agreement with Royal Bank of Canada. ?, intones Sandi Toksvig over footage of a softly gleaming Britscape, ?owe are part of something far, far bigger? Elshof College 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. . Finding the right means to ensure compliance to contracts is also a key challenge for the CPO. 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 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. Core part of UK COO office and management committee. Ever wondered how a companys procurement policy is discussed, finalized, and implemented? The role of the chief procurement officer is a strategic one. Campbell is a strong advocate of exporting strong talent to the business units outside of procurement. Jan 2020 - Present3 years. All that is decided by the Chief Procurement Officer. Registered number 617987. We promise! procurement. In addition, the post will offer resources to advance to the next level. In addition, the role involves building and . HSBC Holdings 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 " CFOs care about savings that are realised and can be tracked and measured at a P&L level. Your job responsibility includes making reports on these purchases with the . HSBC Group Menu . 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. I am delighted to welcome Celine to HSBC. 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 . 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. Claire Costello. Responsible for Transformation, Client Services (including Financial Crime Operations), Outsourcing and Facilities & Procurement. 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. HSBC Retail Banking and . Skilled in Management, budgeting, Financial planning, Quality Assurance, HR and Banking. 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. Community. Despite the economic issues and the pandemic, procurement remains a strong industry. It's way, way, way cooler. 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. 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. The role of a Chief Procurement Officer has become much more complex in todays world. 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. Develop a Companys Procurement Policy. An overview of the procurement department. Head of Corporate Sourcing, Global Procurement at created 16-Nov-2022. He held a variety of purchasing positions over the years, and even spent two years in sales with P&Gs soft drink division. +44 (0) 7584404238 CPO for Department of Transportation. Once youre done with this article, you should already have enough knowledge on how to become a chief procurement officer. Enrich the DHS procurement experience. Education: 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 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. News and media. 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. Working with fintechs. 33 Procurement Interview Questions in 2022. 3. The role of a Chief Procurement Officer has become much more complex in today's world. Energize partnerships through collaboration. 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. 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. This certified chief procurement officer course gives professionals advanced strategies in procurement. Find information about our performance, dividends, and investor events. Yes. The next site will open in a new browser window. 2. Our Chief Operating Offices oversee operations, risk and administration activities for businesses and functions across HSBC. Regardless of the organization size, sector or target market of the organization, there are certain basic requirements for a CPO. She is co-Chair of the We Mean Business Coalition and is also a trustee of BLUE Marine, a leading conservation NGO. HSBC Mumbai, Maharashtra, India4 weeks agoBe among the first 25 applicantsSee who HSBC has hired for this roleNo longer accepting applications. He has previously held the position of Chief Executive Officer of Colonial Investment Pte. Read this article in our digital magazine. 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. University of Notre Dame: Bachelors Degree, Business Administration 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: Ltd. and was responsible for management, strategic planning, investment and corporate restructuring. In most cases, its usually the innovation that yields the most cost effectiveness anyways. . HSBC is one of the world's largest banking and financial services organisations. 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. The relationship between a companys supplier and the procurement team is an important one. He was previously appointed as Independent Non-Executive Director on 1 January 2022. London, England, United Kingdom. To become a Chief Procurement Officer, a candidate must have strong leadership skills, a creative mindset, and a strong financial acumen. It's essential that you don't ignore the basics of a good resume. 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. 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. View the profiles of our Wells Fargo Board of Directors. 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. Regulated Covered Bond Programme. Managingspend creep and ensuring cost containmentis often a challenging task. Datuk Kamaruddin Bin Taib was appointed as Independent Non-Executive Chairman of the Bank on 1 April 2022. All that is decided by the Chief Procurement Officer. Also, the training will discuss the . You need leadership, writing skills, and negotiation skills to become a chief procurement officer. Corporate Restructuring, M&A, Compliance, Legal, Procurement, Capacity Building & Administration. You will be working towards negotiating the price and managing the company's funds. With advancements in technology, increased social awareness and a precarious economy, however, CPOs must now take on a range of responsibilities. This means he/she acts as the brains of the entire. 3) Compliance to Contracts. Take advantage of what our Negotiation Gamechanger can offer you. We are going to learn how to become one and the necessary requirements to achieve this role. He/she always makes sure that the procurement process must be followed in line with the organizations standards. 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. With an average of $290,000, working as a Chief Procurement Officer is profitable. This year is the 10th-anniversary edition of the CPO Survey, serving as a global benchmark of sentiment about the function. Education: 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 . 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. Our Client, within the Construction Industry, based in Rosebank is seeking a Procurement Officer. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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 . HSBC Holdings plc, the parent company of HSBC, is headquartered in London. But how does one become a CPO? Delft University of Technology: Physics 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. Accountable Executive for AML within the Bank as per 1st of December 2022. . Therefore, the rate for Chief Procurement Officers should remain stable, at least for this year and the next. Projects as CPO: Linton has transformed purchasing at LG into a much more strategic, agile function. Director, Risk and Control Transformation, PayMe. Florida Institute of Technology: MBA , Business, 1981 In this role, Plenty will be responsible for all aspects of risk management for HSBC in the United States. HSBC's chairman essentially held the duties of a chief executive at an equivalent institution, while HSBC's chief executive served as the deputy. 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. gillian.james@hsbcib.com. He has 30 years of Global Supply Chain and Procurement experience. 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 . Chief Administrative Officer, UK. 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. Select country or territory 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. 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.". ?oWe are not an island? He will join the bank in early September. Management team. We have the best training course developed by the best training minds in the negotiation and procurement industry. HSBC Information. Career development resources. DHS's Procurement Priorities: Prepare and empower our people to excel. Chief Transformation Officer, Executive Committee Member . Plenty will report to Michael Roberts, CEO . Ever wondered how a companys procurement policy is discussed, finalized, and implemented? 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. 1) Managing spend creep and ensuring cost containment. Translating into business reality the value that is created through sourcing processes and contained in supplier contracts is a difficult but critical task. 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. 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. They may be in charge of the contracting services and may manage the purchase of supplies, equipment, and materials. He has streamlined processes in the supply chain as an alternative to asking suppliers to cut their margins. The chief procurement officer must first identify ethical suppliers and malefactors in emerging economies, says Ms Hackenberg. Lowering the cost of supply is achieved through what Shell deems Enterprise Category Management. Select Accept to consent or Reject to decline non-essential cookies for this use. A chief procurement officer is responsible for maintaining complete oversight of the procurement process. Finding the right means to ensurecompliance to contractsis also a key challenge for the CPO. Southeast Asia needs vital sustainable infrastructure but innovators can struggle for funding. Kodiak Rating's CTO was recently in attendance at a Chief Procurement Officer and Procurement Leaders event held in London, titled DITx Data Intelligence 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. 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. 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. We connect people, processes, data, and technology to deliver lasting value and superior experiences. Copyright 2008-2022, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Typically, a CPO is responsible for the management, administration, and supervision of the company's acquisition programs. 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. 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. A smooth supplier relationship ensures a companys access to needed materials/supplies. HSBC's key executives include Noel Quinn and 40 others. CPO for Capital Development Board. They will also act as a trusted advisor to the Chief Procurement Officer. The health and safety of our employees and candidates is very important to us. GCB5 Associate Client Manager. 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. Contact us with your. CPO for Institutions of Higher Education. 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,. Independent Non-Executive Chairman. This includes developing policies and procedures for purchasing. 3K followers . Prior to her procurement tenure she ran the Dell Global Segment sales force for Europe, Middle East and Africa. 8 Canada Square, London E14 5HQ, United Kingdom Web: www.hsbc.com. Ultimate Supplier Plotting Checklist 2022. HSBC Appoints Lloyd Plenty to US Chief Risk Officer. Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. 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. 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. For instance, a public sector organization might care more about contracts and compliance to 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. 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 . With assets of US$2,956bn at 30 September 2020, HSBC is one of the worlds largest banking and financial services organisations. What sort of training or educational attainment does one need? 5. 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. It builds on our Group commitments to phase out coal financing. To view or add a comment, sign in. Bobby Dhanoa is the Chief Procurement Officer at HSBC based in United Kingdom. Chief Procurement Officer at HSBC. The Chief Procurement Officer is perhaps the highest position that one can achieve in a procurement department. Chief Procurement Offices. 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. 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. She also served eight years as the VP Global Procurement at Oracle Corporation. In order to build these skills, any procurement specialist must have a financial or business background in terms of education. Get a free, personalized salary estimate based on today's job market. Its these like-minded individuals that will set the procurement standards of the future and pave the way for others to follow. Pune Area, India Chief Financial Officer SunGard - now part of FIS . 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. Passer au contenu . Read more about the principles we apply and our supplier code of conduct. 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 Joanna's previous roles included Regional CEO for . Due to the current situation related to the Novel Coronavirus (COVID-19), we're leveraging our digital . Cletech Recruitment. 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. Experienced Chief Financial Officer with a demonstrated history of working in the international Affairs and banking industry. He has also been ilinked to research and new business acquisitions in his time at Shell. In this role she has advised corporate boards across different industries on net zero and wider sustainable business transformation. You can update your choices at any time in your settings. For this article, we are going to tackle the definition of the chief procurement officer. The challenge and the opportunity for HSBC is immense. Chief Financial Officer at LTIMindtree Mumbai, Maharashtra, India. 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. Nos opportunits ; O recrutons-nous ; HRDirect ; Vos alertes . 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. Procurement manager. 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. Industry: Consumer Electronics Inspire innovation to enhance mission capability. ?. We appreciate you taking the time to give us feedback. Founded in 1865, HSBC is one of the worlds largest banking and financial services organisations. Company: Royal Dutch Shell Some careers are more impactful than others. The range goes anywhere from $232,000 to $348,000. He built his career at IBM, however, where he spent 20 years, eventually rising to the role of Director of Global Hardware Procurement. Industry: Consumer Goods Top strategies. 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. Name: Leslie Campbell Inclusion and Diversity. Thevisibility of realised savingsis a common challenge for many CPOs particularly in the indirect categories of expenditure. University of Washington: Bachelors degree, Accounting The SPOs work in close conjunction with purchasing staff to meet . Be the premier procurement organization in government where people are empowered and valued as enablers of mission success. 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. Chief of Staff, Global Procurement at created 16-Nov-2022. Making the correct decisions regarding theleveraging of technologyis crucial to delivering best-practice sourcing and procurement. She then started working as General Manager of Global Sourcing for Asda Stores. 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. 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. After the 2006 . A new, smarter approach to supplier management is required, Alex Saric, CMO at Ivalua on what needs to be done. Rosebank. 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 University of Vermont: Bachelors Degree, Political Science and History Northern Kentucky University: Salmon P. Chase College of Law, JD , Law I am looking forward to working with my new colleagues across the bank to realise this opportunity., Gillian James Learn more in our Cookie Policy. Name: Stijn van Els With advancements in technology, increased social awareness and a precarious economy, however, CPOs must now take on a range of responsibilities. 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. Office of Procurement Do Business with DHS Meet the Chief of Procurement Mary Kathryn Williams serves as Chief Procurement Officer. A unique opportunity in developing the South Asian Business market in the UK. In the United States alone, the average base salary of Chief Procurement Officers is $290,000. Company: Reed Elsevier 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. Get Bobby Dhanoas Contact Info 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. 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. Chief Procurement Office Main Site. The Chief Procurement Officer (CPO) exercises independent procurement authority under the Illinois Procurement Code (30 ILCS 500). . Chief Procurement Officers lead the purchasing team that buys goods and services for the organisation. 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 Not only are you going to learn these skills, but you will also learn more tricks and. Principal Accountabilities and Responsibilities - 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. Read more December 6, 2022 The Macro-Level Issues Impacting the CPO Right Now: B2B Payments Fraud Job Description. 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. 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. The CEO of our Pentagreen joint venture shares his plans. 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. He takes over from Jorgen Latte, who has retired as 1 February 2017 as CFO. It used to be an area that focused on three core values: cost, quality, and supply. Prior to that, he was an investment banker with various financial institutions such as Chase Manhattan Bank, Citibank, Schroders Securities and HSBC James . Know Your Worth. As Independent Non-Executive Director on 1 April 2022 us feedback 8 Canada Square, London E14 5HQ, Kingdom... Hsbc Jul 2004 - Jun strategies are discussed by the Chief Procurement Officer course professionals... Sure that the Procurement process must be followed in line with the economic issues the! Oversee Operations, risk and administration activities for businesses and functions across HSBC makes sure the! And Facilities & amp ; administration Ultimate job Interview Preparation Guide to contracts is one. Your settings Toksvig over footage of a Chief Procurement Officer SPOs work in close conjunction purchasing! You taking the time to give us feedback Some careers are more impactful others! Of something far, far bigger choices at any time in your settings, should. Strong industry or target market of the worlds largest banking and Financial organisations! Officer is profitable that Lintons proactive response resulted in well over $ 1 billion in savings of Global for. 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