Mutsa Chironga is a partner in McKinsey’s Johannesburg office. The focus of his work is serving major banks on strategy, expansion across the African continent, and providing banking services to small business.
For example, Mutsa supported a pan-African business-banking-growth strategy for a leading African bank. He also supported a country bank in designing a multimillion-dollar fund to boost bank lending to agriculture, and helped create a shared-services platform for a large retail bank in another country, focusing on improving operations across the bank’s 600 branches.
Mutsa co-authored the McKinsey report “Micro-, small, and medium-sized businesses in emerging markets: How banks can capture a $350 billion opportunity.” As part of this research he led interviews with 30 major banks across emerging markets in four continents. He has helped banks in Africa and other regions apply the report’s insights to their own strategies.
Mutsa was also co-author and team leader of “Lions on the move: The progress and potential of African economies,” and a related article in the Harvard Business Review, “Africa: Cracking the next growth market.” This research drew new attention to Africa’s growth prospects, and was featured in the Economist, the Wall Street Journal, and the Financial Times. Building on this work, Mutsa has addressed over 30 client audiences—including major players across Asia, Europe, and North America—about strategies for entering or expanding in Africa.
Before McKinsey, Mutsa worked with the World Bank in Washington, DC, on research projects in a variety of African countries. He as also served as an economist for the UK government and in accountancy with a leading global firm.
“Micro-, small, and medium-sized businesses in emerging markets: How banks can capture a $350 billion opportunity,” McKinsey Financial Services Practice, March 2012
“Africa: Cracking the next growth market,” Harvard Business Review, May 2011
“Lions on the move: The progress and potential of African economies,” McKinsey Global Institute, June 2010
MPA, public administration and international development
Bachelor's degree, in economics