Malik Akhtar

Role has evolved as part of the Bayer transformation to Dynamic Shared Ownership (DSO). Procurement is a frontrunner team adopting a self-managed approach where we share key elements of the group CPO role between ourselves.

Currently leading a team of 65 category, sourcing, and supplier managers, supporting all direct materials spend (€1.5bn) for the Consumer Health division, as well as all manufacturing relating indirect spend e.g Capital equipment. Key Responsibilities: • 2002-2024: Successfully navigated the significant disruptions related COVID, Ukraine conflict and high inflation pressure. Secured supply and reversed inflation impact in line with market trends • Scope: Oversee all materials and components to support our network of 12 manufacturing sites globally, including Active Ingredients, formulation materials, and all forms of packaging. Also manage more than 200 CMO relationships for the supply of finished goods. • Sustainability: Serve as the sustainability lead for Consumer Health Product Supply, coordinating initiatives in CO2 reduction, water management, and packaging. • Cash flow: Led the Bayer wide cash flow initiative to drive €1bn improvement via accounts payable. • Technology: Drove the adoption of new procurement technology, including Salesforce configuration for Supplier Relationship Management.

Led a team of 18 dedicated business partners, supporting all marketing spend (€1.2bn) for the Consumer Health division Key Projects and Achievements: • Global Media Pitch: Successfully led an €800m global media pitch, consolidating a fragmented regional agency structure for both online and traditional media while delivering significantly improved price, cash and capabilities. • Agency Consolidation & Reapplication: Streamlined global creative and digital marketing agencies from 70 to 16 locations while reducing origination and increasing the reapplication of existing assets across all channels • Creative Agency Pitches: Managed creative agency pitches for global brands, as well as for LATAM and EMEA regions • Fee Model: Transitioned from a commission-based fee model to a scope of work model for lead creative agencies, including a major internal training program within Bayer Marketing

• Led a team of 3 dedicated professionals, overseeing marketing agency services that support Bayer Healthcare's diverse businesses. • Responsible for developing strategies for Advertising, Digital, PR, and Medical Communications, with a total spend of approximately €500m

• Led a team of 4 procurement managers supporting the Advertising, Digital, PR, Events, Print, Direct Mail, Medical Communications and Contract Sales Force categories of spend across Europe. Total spend in scope approximately £150m. • Conducted full roster reviews for advertising and PR agencies supporting ethical pharmaceutical brands. • Implemented Performance Related Remuneration models and Supplier Relationship Management tools for key suppliers. • Membership of ISBA COMPAG group and chair of Pharma sub group.

• Lead contact for Production, R&D and IT eSourcing events. • Provided advice on all aspects of the eSourcing process to both internal procurement stakeholders but also to key business stakeholders and sponsors. • Completed over 1500 eRFx's including approximately 500 reverse auctions. Contributing approximately 20% of the total GSK programme

• Lead multidisciplinary teams to create detailed sourcing strategies for key raw materials, registered intermediates and Active Pharmaceutical Ingredients • Directly managed spend of GBP70m across more than 20 materials

• Responsible for all aspects of production support for 6 stages of active pharmaceutical ingredient (API) manufacture. Including preparation of Standard Operating Procedures (SOPs), validation documentation and master Batch Record Sheets. • Lead user operations contact on £10m capital expansion project