Meet Sergio Paneque, NYCHA’s New Chief Procurement Officer
Sergio Paneque was tailor-made for his job. With three professional degrees under his belt (in building construction management, accounting, and law), he knows exactly what it takes to step into the role of NYCHA’s Chief Procurement Officer.
In the past, he led procurement for some of the largest government organizations in the country. His most recent government job before NYCHA was serving as the Chief Procurement Officer for the State of New York, where he managed a portfolio of more than 1,400 contracts for goods and services valued at over $16 billion.
Prior to his tenure in Albany, he served as Chief Acquisition Officer for the City of New York and as the Deputy Commissioner overseeing the Office of Citywide Procurement. Under his leadership, New York City realized significant savings through key initiatives that streamlined purchasing, reduced cycle times, improved contract compliance, and improved transparency and accountability of the procurement process.
When asked which Transformation initiative he’s most excited about at NYCHA, Mr. Paneque cited HUD’s Section 3 program, which calls for hiring more residents to help with the work of managing and restoring NYCHA buildings and facilities: “It’s a great way to use NYCHA spending power to create jobs for our residents, promote a sense of ownership and community among residents, and provide opportunities to learn new skills.”
Before moving to New York, Sergio served as the Director of Procurement and Real Estate Services Administration in Michigan’s Department of Technology, Management, and Budget. As the State’s Chief Procurement Officer, he directed the purchase of goods, services, and information technology. In addition to statewide purchasing, he was also responsible for the management of the State’s portfolio of owned and leased space, statewide strategic space planning, and administration of design and construction services.
Mr. Paneque has a Juris Doctor from Western Michigan University’s Cooley Law School and both a Bachelor of Arts in accounting and a Bachelor of Science in building construction management from Michigan State University. He is a licensed attorney with the Michigan and Florida Bar Associations and maintains a Michigan builder’s license.
