Finolex Industries Ltd has announced the appointment of Sumanto Bhandari as President & Chief Procurement Officer, effective April 2025. The move represents a strategic leadership addition, aligning with the company’s focus on procurement excellence and transformative supply chain capabilities. Bhandari’s extensive global experience and forward-thinking leadership are expected to significantly contribute to Finolex’s long-term growth plans.
With a career spanning over 25 years across diverse sectors such as FMCG, consumer healthcare, pharmaceuticals, petrochemicals, paints, and agrochemicals, Bhandari is widely recognized for his ability to drive high-impact procurement strategies and implement transformational supply chain solutions. He has held senior leadership roles at LyondellBasell, GSK Consumer Healthcare India, Bayer Crop Science, Glenmark Pharmaceuticals, IFFCO Group Dubai, and Kansai Nerolac Paints Ltd, where he consistently led global procurement teams and advanced digital transformation initiatives across the Source-to-Pay (S2P) landscape.
Bhandari has earned a reputation for his techno-commercial expertise, strong market insight, and risk-mitigation capabilities, as well as his capacity to foster innovation and build agile, future-ready procurement operations. His appointment is expected to accelerate Finolex’s journey toward supply chain modernization, operational efficiency, and customer-focused solutions.
“Recognized for his techno-commercial acumen, market knowledge and his visionary leadership in mitigating supply chain risks, fostering innovation, and building agile, future-ready procurement organizations, Sumanto’s deep domain expertise will further catalyze Finolex’s growth ambitions.”
An alumnus of ISB and IIM Calcutta, Bhandari is a respected voice in procurement and supply chain circles, frequently contributing thought leadership in industry forums. His proficiency in Lean Six Sigma, AI/ML, GenAI, and data analytics, combined with his adaptive leadership approach, positions him as a catalyst for continuous improvement and digital innovation at Finolex.
As the company enhances its procurement and supply chain capabilities, Sumanto Bhandari’s appointment signals a clear intent to integrate technology, resilience, and performance excellence into the organization’s operational DNA.
