Olds, who has served as General Counsel at MOCS since 2016 and spearheaded the M/WBE program at the agency, is succeeding outgoing Chief Procurement Officer and Director Daniel Symon.
“Victor is a true New Yorker dedicated to serving the people of New York City,” said Mayor Bill de Blasio. “From getting PPE for our heathcare heroes during the height of the pandemic to bringing more City business to MWBEs, Victor has made our city a fairer and safer place. I thank Dan Symon for his incredible service to New York City and continued success.”
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“It is truly an honor to be appointed the City Chief Procurement Officer and Director of the Mayor’s Office of Contract Services,” said Victor Olds, incoming Chief Procurement Officer and Director of the Mayor’s Office of Contract Services. “I believe deeply in the work we are doing to support our City agencies in providing the goods and services the people of this City need. I will continue the work of making business with the City more equitable, efficient and accessible for all New Yorkers.”
“It has been my honor to work side by side with Vic. More than anything else, he is a world-class person. Yes, he is perfect for this job, but more importantly, the right leader for MOCS to continue the work we built together,” said Daniel Symon, outgoing Chief Procurement Officer and Director of the Mayor’s Office of Contract Services.
Victor Olds brings experience and a passion for equity and innovation to citywide procurement.
At MOCS, Olds spearheaded multiple new initiatives to bring efficiency and increase equity, including developing and implementing PASSPort, a citywide overhaul of the procurement process and increasing the Minority and Women-Owned Business Enterprise contract utilization to over $1 billion annually.
During the COVID-19 pandemic, Olds established a personal protective equipment global supply chain for New York City.
As General Counsel at MOCS, Olds also advised Chief Procurement Officer, senior Administration officials and Mayoral Agencies on $20 billion City procurement spending.
Olds began his career as a Litigation Associate at an international law firm, where he litigated arbitration disputes and commercial contract agreements.
He also served as Director of Young Adult Ministry at The Brooklyn Tabernacle, a multicultural, non-denominational church in Brooklyn.
Olds is a graduate of Cornell University and earned his JD from the Fordham University School of Law.
He is a native New Yorker and lives in Brooklyn with his wife and two daughters.
“Victor is a world class public servant and perfect fit to lead MOCS as our city continues to recover from COVID,” said Deputy Mayor for Operations Laura Anglin. “His commitment to equity is unparalleled, and I’m thrilled he will be taking on this new role.”
“Victor Olds brings a proven track record of knowledge and integrity to MOCS, and a thorough understanding of the City’s M/WBE program. As a colleague, he has always been a champion for small businesses and reliable advisor on the complexities of City contracting. I have no doubt that he will excel in his new role at the helm of the agency and continue to ensure an equitable recovery for all of us,” said Jonnel Doris, Commissioner of the NYC Department of Small Business Services.
“Victor Olds has been an integral part of the development of the City’s M/WBE program,” said Senior Advisor to the Mayor and Director of the Mayor’s Office of M/WBEs, Magalie Austin. “He’s committed to ensuring fair, competitive and diverse procurement practices and to the growth of Minority and Women-Owned Businesses. I look forward to working with him to ensure that M/WBEs are engaged in the City’s recovery.”
Photo credit: Victor O. Olds.