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Fumiaki Katsuki


Leads the firm’s wealth and asset management practice in Asia−Pacific, and coleads the Financial Services Practice in South East Asia. Also works with domestic and multinational clients, including in banking, securities, insurance, retail, and consumer packaged goods

Fumiaki brings deep expertise in wealth and asset management, enterprise wide digital transformation, and new buisness building combined with a strong focus on change management. He leverages this knowledge to counsel clients on a spectrum of financial services issues.

Prominent examples of his work included the following:

  • Leading the design and implementation of digital transformation at scale
  • Developing strategy for launch of digital banks by major regional banks
  • Leading new business development leveraging eco systems
  • Planning the emerging market-entry strategy for a major regional bank
  • Supporting a life insurance company’s operating-model transformation to meet new customer behaviors and regulatory requirements

Fumiaki is passionate about driving change at large organizations—whether financial institutions or retail and consumer-facing companies—while enhancing the value proposition to a range of stakeholders. This includes improving customer experience, providing new skill sets for employees, establishing new performance metrics and incentive structures, and implementing holistic change-management programs that transform client mindsets and practices.

In addition, Fumiaki advises senior executive clients on driving digital adoption, innovation, and large-scale transformation, including advanced analytics-use cases and ecosystem architecture. He has guided digitization for an incumbent financial institution, where he leveraged advanced analytics to transform credit underwriting and collections and accelerate a company-wide digital transformation.

Prior to joining McKinsey, Fumiaki was manager for the Mitsubishi UFJ Financial Group where he advised food-and-alcoholic beverage manufacturers as corporate and investment banking RM.

Published Work

Wealth management in Vietnam: A $600-billion wealth market by 2027,” McKinsey & Company, September 2023

Digital and AI-enabled wealth management: The big potential in Asia,” McKinsey & Company, February 2023

Analytics transformation in wealth management,” McKinsey & Company, January 2022

Asia wealth management post-COVID-19: Adapting and thriving in an uncertain world,” McKinsey & Company, June 2020

Wealth management in Asia: Navigating the impact of coronavirus,” McKinsey & Company, March 2020

Deepening Capital Markets in Emerging Economies,” McKinsey and Company, April 2017


Harvard University

Keio University
BA in economics