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Luca Pancaldi

Senior PartnerMilan

Global Co-Leader and Europe Leader of McKinsey’s Corporate and Investment Banking Practice, advises leading institutions and companies on strategy, growth, digital transformation, and risk management.

Luca is a Senior Partner in McKinsey's Milan office and serves as Global Co-Leader and Europe Leader of the firm's Corporate and Investment Banking Practice. He also leads the firm's transformation work in the Mediterranean region.

He advises leading institutions and companies on a wide range of topics, including strategy, growth, digital transformation, 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