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Eckart Windhagen

Senior PartnerFrankfurt

Advises global financial services companies in digital and advanced analytics transformation and organizational health and performance.

Eckart Windhagen is a leader of McKinsey’s Financial Services Practice, based in Frankfurt. He is also a member of McKinsey’s Digital & AI global leadership team and of the McKinsey Global Institute (MGI) Council, which advises on MGI research on global economic, business, and technology trends.

Eckart‘s client portfolio includes global and regional banks, central banks, securities exchanges and other capital markets infrastructure providers as well as selected European public sector institutions. He advises senior management on long-term business model and organizational transformations, in particular in the context of digitization and AI.

Eckart has co-led several research efforts, including MGI’s Innovation in Europe: Changing the game to regain a competitive edge; New dynamics of financial globalization; Roadmap for integrating Europe's refugees, and a Window of opportunity for Europe; as well as McKinsey reports on the Future of the Euro and The global banking industry: The triple transformation.

Published work

Global Banking Annual Review 2023: The Great Banking Transition,” McKinsey & Company, October 2023

The future of wealth and growth hangs in the balance, McKinsey Global Institute, May 2023

Global balance sheet 2022: Enter volatility,” McKinsey Global Institute, December 2022

Europe’s fintech opportunity,” McKinsey & Company, October 2022

"The rise and rise of the global balance sheet: How productively are we using our wealth?," McKinsey Global Institute, November 2021 

Will productivity and growth return after the COVID-19 crisis?,” McKinsey Global Institute, March 2021

Banking system resilience in the time of COVID-19,” McKinsey & Company, July 2020

Navigating the post-COVID-19 era: A strategic framework for European recovery,” McKinsey & Company, June 2020

How European businesses can position themselves for recovery,” McKinsey & Company, April 2020

Europe needs to prepare now to get back to work—safely,” McKinsey & Company, April 2020

Reviving innovation in Europe,” McKinsey Global Institute, October 2019

Tackling Europe’s gap in digital and AI,” McKinsey Global Institute, February 2019

Smarter analytics for banks,” McKinsey & Company, September 2018

Are corporate bonds a bubble ready to burst?,” Financial Times, July 2018

Rising corporate debt: Peril or promise?,” McKinsey Global Institute, June 2018

Europe’s refugees: Refocusing on integration,” McKinsey Global Institute, May 2018

As European banks retreat from the world stage China is stepping up,” Harvard Business Review, September 2017

Here's what central bankers should really be focusing on at Jackson Hole,” Fortune, August 2017

Stimulating digital adoption in Germany,” McKinsey Global Institute, July 2017

The brightening mood of European business—and what it means for investment,” McKinsey Global Institute, May 2017

Agility lessons from utilities,” McKinsey Quarterly, December 2015

A window of opportunity for Europe,” McKinsey Global Institute, June 2015


University of Munich
Ph.D in European competition law

University of Bonn
Undergraduate degree in law