IAOP Names Two Leaders to Outsourcing Hall of Fame at European Summit
CIO of SAP and Baker & McKenzie Partner Join Ranks of Industry’s Best
Copenhagen, Denmark, Oct. 16, 2009 – The International Association of Outsourcing Professionals® (IAOP®) has inducted Oliver T. Bussmann, chief information officer of SAP AG in Germany, and Michael S. Mensik, a partner in the Chicago, Illinois law office Baker & McKenzie International, into its Outsourcing Hall of Fame.
Bussmann and Mensik were honored at a gala dinner attended by outsourcing professionals from around the world on Oct. 15 at the association’s 2009 European Outsourcing Summit at the Copenhagen Business School.
Over the past two decades, Bussmann has excelled at driving and managing transformational change initiatives across complex multinational enterprises. In leadership roles with IBM, Deutsche Bank, and Allianz (Insurance and Asset Management businesses), he has delivered millions of dollars in cost savings through leading-edge information strategies including outsourcing, shared services and service centralization.
Bussmann was appointed CIO of SAP AG in September 2009. Based at the company’s headquarters in Walldorf, Germany, he is responsible for SAP’s cross-functional IT department and supports the company’s strategic direction. Until recently, Bussmann was an invited member of the BITS Advisory Council, a CEO-driven financial services industry consortium that comprises the largest financial institutions in the U.S.
“It is a great honor to receive this recognition from IAOP,” Bussmann said. “Sourcing is an essential management instrument of successful CIOs – similar to maximizing return and minimizing risk for portfolio managers.”
Mensik is a partner in the Chicago office of Baker & McKenzie International, a Swiss Verein with member law firms around the world. He is global co-coordinator of Baker & McKenzie's Global Information Technology/Communications Law practice. Also, Mensik is the editor of the monthly “Legalbytes: Outsourcing Digest” and has worked in the firm’s Madrid office as an associate.
Mensik has been ranked as a leading Technology and Outsourcing Attorney by Chambers Global 2007 and has spoken at numerous conferences on outsourcing, offshoring and other topics. He also counsels charitable organizations such as Concern Worldwide on how to source humanitarian campaigns in less-developed countries.
"I am honored andalso very much appreciate IAOP's recognition that the legal profession cancontribute to the development of this still relatively new and rapidly evolving field,” Mensik said.“I commend IAOP, its leadership andits members for theirmany contributions over theyears, and look forward to working more closely with them as we forge ahead."
IAOP Chairman Michael Corbett said, “These individuals represent the highest quality of professionals in the outsourcing industry globally. Not only are they leaders in business, they are also leaders in society. These Hall of Fame inductees are at the forefront of advancing practices that are a model for all companies.”
Recent inductees honored at the 2009 Asia-Pacific Outsourcing Summit were: Yang Berhormat Senator Tan Sri Amirsham A Aziz, former president and CEO of Maybank and previously a Malaysia Minister; and Dr. Liu Jiren, chairman and CEO, Neusoft Corporation.
IAOP also opened its nomination process for the 2010 Outsourcing Hall of Fame and will be accepting nominations of outsourcing customers, advisors and providers via an online form until Oct. 31. Nominated by peers in the industry, the recipients are selected by the IAOP Advocacy and Outreach committee.
Established in 2006, The Hall of Fame is unique in its recognition of individuals not only for their contributions to the management practice and industry of outsourcing, but also for their contributions to community-based economic development and socially-directed investments, as well as career development, education and training through outsourcing.
For more information on the Outsourcing Hall of Fame and its inductees, see The Outsourcing Hall of Fame at www.outsourcingprofessional.org/content/23/152/1217.
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