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Eunjo Chon

Senior PartnerSeoul

​​Collaborates with clients from various consumer-facing industries and financial sectors to redefine their corporate-transformation aspiration. Design distribution-channel and product strategies, steer value-enhancement and risk-management framework, and support large scale M&A activities.​

Eunjo is a core leader of McKinsey’s Asian Financial Services Practice, working with various financial institutions and principal investors across many Asian markets. He is also a core leader of McKinsey’s Growth, Marketing & Sales Practice in Asia, orchestrating potential partnership and alliances to bring in the most cutting-edge capabilities for our client services. His main focus is helping his clients’ top management redefine their strategies and steer their mind-sets toward “value-growth” opportunities.

His recent client engagements include the following:

  • supporting a large Korean conglomerate redefine their business portfoio and drive substantial value enhancement by optimizing customer proposition and pricing, improving operational efficiencies and enhancing financial structure

  • developing a global insurance group’s pan-Asia strategy for health insurance, one of the fastest growing and most profitable opportunities in the region, which includes Korea, Japan and other Asian countries

  • revisiting a global banking group’s Japan strategy, from a comprehensive market scanning to a deep dive into new wealth-management business strategies centered around the country’s growing mass-affluent segment

  • supporting a leading Asian financial group’s post-merger value improvement by creating a new synergy scheme across subsidiaries, including banking, securities, asset management, and insurance 

Eunjo has also spent three-and-a-half and nine years, respectively, at McKinsey’s New York and Tokyo offices serving both global and local diversified conglomerates, financial institutions, capital-markets infrastructure, and regulatory authorities. He is also a core member of the firm’s Risk Management Practice, actively applying cutting-edge tools and ideas to enhance his clients’ resilience across economic cycles.

He is a frequent speaker at various conferences sponsored by industry associations and media, and has authored a number of articles. In addition, Eunjo has been members of several government-sponsored industry committees, and he is the father of five children.

Published work

How KB Financial Group navigates and curates banking,” McKinsey & Company, April 2023

Will Asian insurers make the right choices for health insurance?,” McKinsey & Company, February 18, 2021

Education

Harvard Business School, Harvard University
MBA

Seoul National University
Bachelor's degree, Business Management