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Luca Pancaldi

Senior PartnerMilan

Leads our transformation work in the Mediterranean region; advises companies on a range of issues with a focus on strategy, risk management, resilience, advanced analytics, and growth acceleration

Based in our Milan office, Luca leads the firm’s work within transformation in the Mediterranean region and also serves as global coleader of McKinsey’s innovation and client capabilities sectors within the Risk & Resilience Practice.

Luca advises preeminent institutions and companies on a wide range of issues such as strategy, growth, commercial-performance acceleration, advanced analytics, and risk management.

Examples of his recent client work include the following:

  • reducing back-office and noncommercial costs by more than 30 percent for a leading telecommunication and media company
  • designing, launching, and successfully executing a radical three-year transformation for two times EBITDA for a Mediterranean bank
  • architecting, launching, and executing an ambitious advanced analytics multiyear program for a global insurance group
  • defining the net-zero strategy for a leading domestic company
  • designing and launching a fully digital product renting solution
  • reviewing the three lines of defense and risk management framework for a European bank
  • designing and supporting the execution of a three-year growth strategy and a new governance model for an international law firm

Before starting his professional career, Luca obtained a master’s degree in business administration and a degree in management engineering.

Published Work

Elevating the risk function in insurance: Building a strategic advantage,” McKinsey & Company, November 2024

Global Banking Annual Review 2024: Attaining escape velocity, McKinsey & Company, October 2024

The resilience imperative: Succeeding in uncertain times,” McKinsey & Company, May 2021

Making a Step Change in Risk Efficiency and Effectiveness,” European Financial Review, August 2019 

Education

INSEAD
MBA

Polytechnic University of Milano
MS, engineering and management