Cornelius is the managing partner of McKinsey’s Central Europe office. In addition, he is a co-leader of McKinsey’s Global Financial Institutions Practice. He advises major banking and insurance groups as well as energy companies and the public sector on a broad range of issues—including corporate and business unit strategy, business building, organizational transformation, operations, and IT.
In his recent client work, Cornelius has supported transformation and restructuring programs for several major European financial institutions. The topics ranged from end-to-end product process optimization, to the definition of a new IT platform, to leasing, and trade finance activities.
He has also supported the post-merger management for one of the largest banking mergers in Europe; developed a group-wide expense program for a leading insurance group; helped set up a “bad bank” unit for a European banking group; and supported strategy and restructuring-related programs for various energy companies in Central Europe.
In the public sector, Cornelius’s experience includes helping develop the privatization strategy for an Eastern European country, including revising its regulatory framework.
Cornelius joined McKinsey in 1997 in our German office, and moved to Budapest in 1999. In recent years, he has co-led the establishment of McKinsey’s Kazakhstan office and helps lead our people initiatives across McKinsey’s Eastern Europe, Middle East, and Africa region.
European Business School, Oestrich-Winkel, Germany
Coblence School of Corporate Management, Germany
Diploma, business administration