CPOstrategy talks procurement transformation with Convex Insurance’s Head of Procurement & Tactical Change, Vivek Pai…


CPOstrategy talks procurement transformation with Convex Insurance’s Head of Procurement & Tactical Change, Vivek Pai…

Procurement is now firmly on its way to becoming an established strategic business partner, as enterprises the globe over, start to tap into the function’s burgeoning insights and unique position at the heart of modern business. 

Convex Insurance’s Head of Procurement & Tactical Change, Vivek Pai

Convex Insurance decided to enhance its procurement capabilities in 2020 when it recruited experienced Vivek Pai to head up a complete procurement transformation at the company. Pai has over 15 years of procurement experience gained in consulting and in-house procurement roles across a diverse set of sectors, including financial services, energy, legal and professional services. 

“I joined Convex two years ago,” says Pai from his London office. “My initial challenge was to develop and lead the procurement function. It was an intriguing opportunity because it’s rare that you get the ability to start with a blank sheet of paper, with the autonomy to exercise the creativity and judgment to build the function. I was also compelled by the ethos and vision of the company’s founders, who are clearly industry leaders, and are trying to build something special and innovative with Convex – it’s great to be part of the journey, and to be able to contribute positively to the realisation of the vision for the company.” 


Related Stories

The Power of People in Procurement in Washington D.C.

George Schutter, Former Chief Procurement Officer at the District of Columbia, discusses leading a procurement function at the heart of North America’s historic capital.

Procurement for Good

Alan Rankin, Chief Procurement Officer at STADA, discusses his company’s journey to offering a best-in-class procurement function.

PUC: A question of trust

We meet Noemie Chetty, Director of Procurement of the Seychelles’ Public Utilities Corporation (PUC), to see how a new approach to supplier relationships is reaping rewards. 

The art of change management with SAP

Maria Villar, Head of Enterprise Data Strategy and Transformation at SAP, talks about the importance of driving change in the technology space

Mars: Putting people at the heart of digital transformation

CPOstrategy catches up with Sam de Frates, who has been leading procurement transformation at Mars, Incorporated to discover how one of the world’s largest enterprises has put people at the heart of its plans… 

Bristol Myers Squibb: The move towards intelligent procurement

We speak to Manuele Burdese, Sr Director, Head of Business Insights & Analytics Strategic Sourcing & Procurement, Bristol Myers Squibb, and Neville Varghese, Decision Analytics Manager and Bristol Myers Squibb partner, ZS, to see how the biopharmaceutical giant is fully harnessing its huge data resources to create “Intelligent procurement”…

NZDF: The importance of strategic supplier engagement

We join Paul Howard, Chief Commercial Officer, New Zealand Defence Force and Barbara McCallum, Deputy Chief Commercial Officer at NZDF to see how it has evolved its supplier relationships during challenging times…

Xcel Energy: Procurement as a valued business partner

We meet Sangram Bhosale, Vice President and Chief Supply Chain Officer at Xcel Energy to see how procurement is changing the way the energy giant operates through a progressive, value-unlocking change in its role…

Best Buy: The mission to deliver world-class procurement

We catch up with Vice President of Procurement, Best Buy, Anna Barej, Chief Finance Officer, Matt Bilunas and Director, Procurement Center of Excellence, Shawn Calabrase to see how the electronic retail giant is unlocking real value for the company through a major transformation of its Procurement function…

We believe in a personal approach

By working closely with our customers at every step of the way we ensure that we capture the dedication, enthusiasm and passion which has driven change within their organisations and inspire others with motivational real-life stories.