Chief Procurement Officers working in financial services head up strategic sourcing, risk management and supplier relationships, ensuring cost efficiency, regulatory compliance and resilience across complex global supply chains.
Their role is vital in enabling digital transformation, ESG alignment and cost control in an increasingly regulated and competitive environment.
Here, Procurement Magazine takes a look at the top 10 CPOs working in financial services.
10. Alf Noto, Deutsche Bank
Alf has served as Chief Procurement Officer at Deutsche Bank since August 2017, bringing extensive international experience to the role.
He manages an annual procurement budget exceeding US$8bn and has led key initiatives including the introduction of mandatory vendor sustainability ratings for major contracts and the global standardisation of payment terms.
Alf is a strong advocate for sustainable procurement and promotes ESG accountability throughout the supply chain.
9. Helen Smiley, AXA XL
Helen is Chief Procurement Officer at AXA XL, a leading enterprise insurance provider.
Known for her collaborative leadership and ability to align budgets with strategic goals, she oversees the company’s procurement and supply chain strategy.
As the insurance sector continues to evolve, Helen ensures AXA XL stays ahead through agile and effective procurement practices.
8. Jeanne Edwards, AIG
Jeanne is Chief Procurement Officer at AIG, a prominent name in the US insurance and financial sector.
With deep expertise in procurement and supply chain management, she leads strategic initiatives focused on cost reduction and operational efficiency.
Beyond her professional role, Jeanne is active in volunteering and supporting her local community.
7. Oleh Melnyk, London Stock Exchange Group
Oleh recently joined the London Stock Exchange Group to become its new CPO having previously headed procurement at Allianz UK.
At Allianz, he played a critical role in driving efficiency and sustainability within the organisation, while prioritising strong relationships across departments to deliver optimal results.
Passionate about exploring technological innovation, Oleh is known for his strategic mindset and collaborative approach.
6. Jim Connell, JPMorgan Chase & Co
With more than three decades of professional experience under his belt, Jim started out in sales before transitioning to contract management and sourcing.
Now, at JPMorgan Chase & Co, he integrates business objectives with social responsibility, positioning procurement as a driver of positive impact.
Jim advocates for inclusive sourcing that supports job creation, economic growth and community representation.
5. Katherine Gleeson, Barclays
Katherine is an experienced procurement and technology executive specialising in construction and finance.
In her role as CPO at Barclays, she is responsible for corporate real estate and location strategy, sourcing, third-party risk management, payment operations and sustainable supplier strategy.
Katherine has previously worked for many of the world's leading organisations, including Verizon Construction Services, Goldman Sachs and JPMorgan Chase & Co.
4. Alisa Bornstein, Visa Europe
Alisa is a widely respected leader in the context of financial services and beyond, with deep expertise in procurement, sustainability and transformation.
For the past four years, she has served as Chief Procurement Officer at Visa Europe, leading the strategic and operational delivery of the company’s procurement transformation across the region.
Previously, Alisa led procurement at Arm, where she oversaw a significant transformation of the function and deployed a category-driven operating model.
3. Craig Cuffie, HSBC
Craig leads procurement at HSBC, having previously served in a similar role at Salesforce.
He is able to boast a demonstrated track record of scaling operations, building enterprise value, restructuring and driving existing businesses to bottom line profitability.
Over the course of 30 years, Craig has accumulated vast industry experience spanning manufacturing, consumer electronics, aerospace and defence, semiconductors and software.
Earlier in his career, Craig founded and ran Eagle Island Advisors and was VP Global Supply Chain at Intuit.
2. Miguel Gonzalez, American Express
Miguel has amassed international experience spanning Spain, the Netherlands and the USA.
At American Express, he leverages extensive expertise in global supply chain management across diverse industries, including chemicals, food, defence and pharma.
Miguel joined Amex in 2024 following a decade-long stint at DuPont. Throughout his career, he has contributed to multiple boards and continues to champion diversity.
1. Barbara Kubicki, Wells Fargo
Barbara joined Wells Fargo as Chief Procurement Officer in 2021, bringing more than 20 years of experience in financial services to one of the US' 'big four' banks.
She leads global supply chain management, with responsibility for strategic sourcing, procurement operations, supplier diversity and risk management.
Barbara's strengths include team leadership, cross-functional collaboration and the development of end-to-end procurement strategies.
Prior to Wells Fargo, she served as Senior Vice President of Supply Chain Management at Bank of America for around 15 years.
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