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Istvan Rab

Associate PartnerVancouver

Supports financial institutions and other organizations in creating future-proof strategies through market intelligence solutions

Istvan leads our banking market intelligence solution Panorama and our ecosystem strategy work globally. He works across industries and regions, serving large enterprises to help create and scale their strategies using market intelligence tools and define new areas of ecosystem-strategy-centered growth.

Examples of Istvan’s recent work include the following:

  • supporting the creation of a vision and its related transformation agenda for a North American financial institution
  • assessing expansion scenarios and detailing relevant strategic and operational considerations for a regional bank
  • creating a detailed ecosystem vision, roadmap, and critical enabler assessment for a global telecommunications company
  • delivering strategy diagnosis for a global consumer company and creating a transformation plan to build a new platform business
  • conducting commercial due diligence and assessing the feasibility of an existing business strategy for a European bank, improving the base case strategy for the new owner
  • preparing strategy and organizational options for the CEO of a North American bank, including scanning and sizing ecosystem opportunities

In addition to his client work, Istvan frequently speaks on banking strategy as well as ecosystem and platform topics at industry events.

PUBLISHED WORK

Brick by brick: Building the bank of the future via housing ecosystems,” McKinsey & Company, December 2023

Growth and resilience through ecosystem building,” McKinsey & Company, May 2023

A design-led approach to embracing an ecosystem strategy,” McKinsey, July 2021

How do companies create value from digital ecosystems?” McKinsey, August 2020

Ecosystem 2.0: Climbing to the next level,” McKinsey Quarterly, September 2020

Big techs versus big banks: Battle for the customer,” McKinsey, November 2020

PAST EXPERIENCE

Tippin Corporation
Analyst

International Training Center for Bankers
Consultant

EDUCATION

INSEAD
MBA

Budapest University of Technology and Economics
MSc, business management