Interim Chief Procurement Officer for a Financial Services Firm

For a financial services firm with $100b in assets, Xenon Group placed an interim executive to serve as the CPO to lead the development of a nascent Procurement function. Under this resource’s leadership, the team documented and deployed the procurement policy, defined the long-term vision for the organization’s design, established the framework for business partnering, led the development of Workday requirements, documented the key processes for supplier management – risk management – diversity management, compiled the initial spend analysis and delivered sourcing savings which exceeded expectations.