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Joe Ngai

Senior Partner, and Chair, ChinaHong Kong

Leads the firm’s offices in Greater China; brings deep knowledge of China’s financial institutions and markets and extensive experience in leading large-scale transformations for both Chinese and multinational organizations

Joe is a senior partner and chairman of McKinsey’s offices in Greater China, which comprises of 800 partners and consultants across Beijing, Hong Kong, Shanghai, Shenzhen, and Taipei.

Previously, Joe led McKinsey’s Financial Services and Private Equity Practices in Greater China. He has led many large-scale transformation efforts for Chinese and multinational organizations and has advised senior management on topics such as strategy, M&A, and operational transformations.

Joe is frequently quoted in top-tier media outlets such as CNBC, the Financial Times and China Daily, as well as major local media. He is the author of numerous reports on China’s financial institutions and is coauthor of Life Insurance in Asia: Sustaining Growth in the Next Decade (Wiley, September 2012), which offers a comprehensive look at the challenges and opportunities facing insurers across Asia. Joe speaks frequently at major international forums on a range of topics including The Next China, financial services, leadership and management, and social enterprises.

He has been appointed to various government advisory committees, and he is also a board member of the Hong Kong Education Commission and the University Grants Council.

Joe is passionate about social enterprise and education. He is chairman of DiamondCab, an award-winning social enterprise that provides taxi services to people with physical disabilities; president of Phillips Exeter Academy Association of Hong Kong; a director of the Diocesan Boys’ School Foundation; and a director and former president of the Harvard Business School Association of Hong Kong.

Recognized for his influence, Joe was named one of the “2023 Forbes China 100 Most Influential Chinese” and was honored as one of the “2022 CEOs of the Year for Multinational Corporations in China” by Jiemian News. He is also appointed as a Justice of Peace by the Hong Kong Government.

Published work

Prudential embraces customer centricity: An interview with Priscilla Ng,” McKinsey & Company, August 2024

A new paradigm for our connected world?,” McKinsey & Company, November 2023

The China imperative for multinational companies,” McKinsey Global Institute, January 2023

Reskilling China: Transforming the world’s largest workforce into lifelong learners,” McKinsey Global Institute, January 2021

Fast-forward China: How COVID-19 is accelerating five key trends shaping the Chinese economy,” McKinsey & Company, May 2020

A winning strategy for the pension market in China,” McKinsey & Company, July 2019

China and the world: Inside the dynamics of a changing relationship,” McKinsey Global Institute, July 2019

Videos

China in 2018,” four-part series, LinkedIn, February 2018

Podcasts

Wealth management in an era of robots, regulation, and new money,” McKinsey & Company, March 2018

China’s One Belt, One Road: Will it reshape global trade?,” McKinsey & Company, July 2016

Education

Harvard Business School
MBA

Harvard Law School
JD

Harvard University
BA, economics