Frank Fonda
Vice President Strategic Supplier Relationship Management @Truist
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WORK HISTORY
Vice President Strategic Supplier Relationship Management @Truist
West Palm Beach, FL, US
Responsible for contractually obligated vendor book of business totaling $188MM in total contract value.• Managing relationships for Truist Enterprise Technology related to strategic suppliers Oracle, Adobe, CrowdStrike, Zscaler and Pega Systems. • Identified and implemented savings of $1MM+ in 2025 via annual contract renewal process.• Engaged daily on the full design and implementation of a strategic vendor oversight division utilizing data and internal indicators to tier overall set of vendors, establish consistent governance routines and establish rules of engagement.• Responsible for risk activities such as supplier onboarding, contract oversight, governance routines and third-party risk assessment requirements.• Partner and build internal relationships with line of business representatives, sourcing team, risk team and finance teams to build a transparent process for portfolio of suppliers and contracts managed.• Established and maintain Enterprise Technology Business review process that includes the development of a consistent agenda used for all supplier reviews, maintained annual calendar, and work with teammates to develop consistent presentations across the organizations. • Plan and lead complex divisional operational and project activities while analyzing business challenges to recommend best practices while identifying and implementing innovative internal or external solutions.
EDUCATION
Long Island University
Bachelor of Arts - BA, Political Science and Government
SKILLS
ABOUT FRANK FONDA
Strategic leader with 20+ years of experience driving vendor performance, risk mitigation, and cost optimization across banking, technology, and real estate sectors. I specialize in building global vendor governance frameworks, transforming supplier relationships, and aligning contract operations with enterprise goals. Known for delivering measurable results through data-driven oversight, cross-functional collaboration, and operational excellence.
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