Anu Madgavkar is a partner with the McKinsey Global Institute (MGI), McKinsey’s business and economics research arm. Anu joined MGI in 2011 and leads teams based in India, working on global as well as India-focused research.
Anu’s recent research has focused on global labor markets and skills; gender economics; migration; economic development and poverty alleviation, and applying technology to solving development challenges. She has co-authored several MGI reports, including Poorer than their parents, The power of parity; People on the move: Global migration's impact and opportunity; India’s path from poverty to empowerment, India's tech opportunity: transforming work, empowering people, and India's economic geography: states, cities and clusters.
Previously, Anu was a partner of McKinsey based in Mumbai, where she co-led McKinsey’s Financial Institutions practice in India. She served a range of clients, including a top tier global bank, a dominant Indian state-owned bank, a leading Indian universal bank, a capital markets focused financial services group, and an infrastructure-focused financial institution, across diverse areas of portfolio mix, organization, and product-market strategy in wealth management, wholesale banking, institutional securities, retail brokerage, life insurance, and retail banking.
Anu also led McKinsey’s India research on infrastructure financing and co-authored Building India: Financing and investing in infrastructure and India Insurance 2012: Fortune Favours the Bold. She has authored several reports and white papers on India’s economic growth and financial sector development. She advises business and government leaders on economic development and frequently contributes to policy debates through articles and conference presentations. Currently she serves on the National Economic Growth and Investments Council of the Confederation of Industry in India.
Selected published work
“China’s role in the next phase of globalization,” McKinsey Global Institute, April 2017
“Technology, jobs, and the future of work,” McKinsey Global Institute, December 2016
“Global migration’s impact and opportunity,” McKinsey Global Institute, November 2016
“The great income stagnation,” Project Syndicate, September 2016
“Miles to go: Stepping up progress toward gender equality,” McKinsey Global Institute, September 2016
“India’s ascent: Five opportunities for growth and transformation,” McKinsey Global Institute, August 2016
“Poorer than their parents? A new perspective on income inequality,” McKinsey Global Institute, July 2016
“Realizing gender equality’s $12 trillion economic opportunity,” McKinsey Global Institute, May 2016
“The power of parity: Advancing women's equality in the United States,” McKinsey Global Institute, April 2016
“The power of parity: Advancing women’s equality in India,” McKinsey Global Institute, November 2015
“How advancing women’s equality can add $12 trillion to global growth,” McKinsey Global Institute, September 2015
“India's tech opportunity: Transforming work, empowering people,” McKinsey Global Institute, December 2014
“From poverty to empowerment: India’s imperative for jobs, growth, and effective basic services,” McKinsey Global Institute, February 2014
“India's internet opportunity,” McKinsey Global Institute, March 2013
“Talent tensions ahead: A CEO briefing,” McKinsey Quarterly, November 2012
“The world at work: Jobs, pay, and skills for 3.5 billion people,” McKinsey Global Institute, June 2012
Moody's (affiliated credit rating agency in India)
ANZ Grindlays Bank, Mumbai
Foreign exchange dealer
Indian Institute of Management, Ahmedabad
St. Xavier’s College, Mumbai
Bachelors degree, economics and statistics