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Joe Ngai

Senior Partner and Chair - Greater ChinaHong Kong

Managing partner of McKinsey Greater China offices; brings deep knowledge of China’s financial institutions and markets and extensive experience in leading large-scale transformations for both Chinese and multinational organizations

Joe is the managing partner of McKinsey Greater China, which comprises more than 550 partners and consultants across offices in Beijing, Hong Kong, Shanghai, Shenzhen, and Taipei.

Previously Joe led McKinsey’s Financial Services and Private Equity & Principal Investors Practices in Greater China. He has led many large-scale transformation efforts for Chinese as well as multinational organizations and has advised senior management on topics pertaining to strategy, mergers and acquisitions, and organizational and operational transformation.

Joe is frequently quoted in top-tier publications such as the Economist, the Financial Times, and the Wall Street Journal and in major local media in China, Hong Kong, and Taiwan. He is the author of numerous reports and articles on China’s financial institutions and is co-author of Life Insurance in Asia, the first comprehensive look at the challenges and opportunities facing insurance markets across Asia. Joe speaks frequently at major international forums on a range of topics including financial services, leadership and management, and social enterprises.

He has been appointed to various government advisory committees, including the Financial Services Development Council of Hong Kong and the Financial Infrastructure Committee of the Hong Kong Monetary Authority. He is also a board member of the Hong Kong Science and Technology Park and the Hong Kong Scholarship for Excellence Scheme.

Joe is passionate about and active in several organizations in the social enterprise and education sectors. He is chairman of Diamond Cab, an award-winning social enterprise that provides taxi services to handicapped people; president of Phillips Exeter Academy Association of Hong Kong; a director of the Diocesan Boys’ School Foundation; and a director and former president of the Harvard Business School Association of Hong Kong.

Published work

Fast-forward China: How COVID-19 is accelerating five key trends shaping the Chinese economy,” McKinsey & Company, May 2020

A winning strategy for the pension market in China,” McKinsey & Company, July 2019

China and the world: Inside the dynamics of a changing relationship,” McKinsey Global Institute, July 2019

China and the world: Inside a changing economic relationship,” McKinsey Global Institute, December 2018

What today’s shake-out in China’s peer-to-peer lending market means for Fintech,” blog entry, McKinsey & Company, October 2018

What you need to know about working for a Chinese company,” McKinsey & Company, January 2018

Reinvention or regrets? Hong Kong faces a fork in the road,” McKinsey & Company, June 2017

In China, every day is ‘day 1,’” LinkedIn, June 2017

What’s next for China’s booming fintech sector?,” McKinsey & Company, July 2016

Disruption and connection: Cracking the myths of China Internet finance innovation,” McKinsey & Company, July 2016

Life Insurance in Asia, second edition, Singapore: John Wiley & Sons, 2012


China in 2018,” four-part series, LinkedIn, February 2018


Wealth management in an era of robots, regulation, and new money,” McKinsey & Company, March 2018

China’s One Belt, One Road: Will it reshape global trade?,” McKinsey & Company, July 2016


Harvard Business School

Harvard Law School

Harvard Law School
BA, economics