This is a profile image of Balázs Czímer

Balázs Czímer

PartnerBudapest

Brings a decade of experience in serving major financial institutions across Europe on strategy, large-scale transformation programs, and risk management.

Balázs brings deep experience in advising major financial institutions on strategy, risk, and operational and organizational transformation. He is a leader in McKinsey’s Risk Management Practice.

Balázs has helped design and deliver far-reaching transformation programs for several leading financial services companies across Europe. In one instance, working with an Eastern European banking group, he helped shape a large-scale collections transformation program across its subsidiaries, both retail and corporate.

Balázs also developed a Lean transformation program for a major banking client, focusing on customer care units including call centers, branch offices, and collections. He also designed a comprehensive change program to drive cultural and organizational renewal for another partner in the banking sector. And he has led a successful turnaround strategy for a large Eastern European financial institution to mitigate risks from its legacy non-performing loan portfolio and to re-launch growth in key segments.

Prior to joining McKinsey, Balázs worked for Raiffeisen Bank in Budapest.

Published work

The future of banks: A $20 trillion breakup opportunity,” McKinsey Quarterly, December 2022

Education

Budapest University of Economic Sciences and Public Administration
MSc, business administration

London Business School
MBA