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Harald Kube

Senior Partner, Frankfurt

Advises leading financial institutions on strategy and large-scale performance transformation, with a particular focus on harnessing technology and AI to create step-change business impact

About Harald

Harald serves as managing partner of McKinsey’s Frankfurt office, leads the firm’s banking work in Germany and Austria, and is a leader in McKinsey’s global Technology & AI Practice. He advises leading financial institutions globally on their most important strategic and transformation priorities, spanning growth, performance improvement, operating model, technology, and AI.

Over the course of his career, Harald has led a broad range of large-scale banking transformations, working closely with CEOs and senior management teams to translate strategy into measurable business impact. He has led a number of pioneering AI-enabled performance transformations in banking, combining business, technology, and organizational change to unlock new sources of growth and productivity, with a proven track record of turning ambitious transformation agendas into measurable business results.

Harald’s recent client work includes the following:

  • leading an AI-enabled performance transformation for a major European bank, targeting more than €1.5 billion in profit improvement across growth, productivity, and technology
  • leading a turnaround and transformation program for a major European bank, during which the bank’s share price more than tripled
  • shaping a bold groupwide strategy for a leading universal bank, putting AI at the core of a step-change ambition for productivity, performance, and competitive differentiation
  • architecting large-scale AI-enabled transformations for leading banks, combining business redesign, technology modernization, new ways of working, and capability building
  • leading a multiyear core banking replacement and technology modernization program for a wholesale bank
  • advising a global wealth and asset manager on a comprehensive operating model transformation
  • shaping growth and digital strategies for leading financial institutions, including new businesses, digital assets, and banking-as-a-service propositions
  • advising technology and software companies on their strategies and offerings for financial services

Harald is a regular contributor to McKinsey’s work on the future of banking and technology and hosts the Global Digital Banking Conference, the firm’s flagship conference bringing together senior banking and technology leaders.

Harald holds an MSc and a PhD and is a recipient of the Award of Excellence from the Federal Ministry of Science and Research, recognizing his outstanding academic achievement.

Published work

“APIs in banking: From tech essential to business priority,” McKinsey & Company, January 2023

“The cloud as a strategic ecosystem for innovation and growth,” McKinsey & Company, June 2022

“How to get a core banking transformation right: Eight mistakes to avoid,” McKinsey & Company, February 2022

“Deutsche Börse unlocks the benefits of moving to the cloud,” McKinsey & Company, February 2020

“Cutting through the noise: How banks can unlock the potential of APIs,” McKinsey & Company, July 2019

“Looking behind the curtain: What really drives value from data,” McKinsey & Company, July 2018

Education

Dortmund University of Technology
PhD

University of Vienna
MSc, BSc