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Renny Thomas

Senior Partner, Mumbai
Leads McKinsey’s banking work across Asia–Pacific and supports the rapid growth of Asia's banking sector, helping build new institutions from scratch and transforming leading institutions to leverage the cutting edge of data and analytics

About Renny

Renny is a senior partner in McKinsey’s Mumbai office. He has helped major financial services companies across Asia to grow and transform their institutions and become leaders both in their home markets and internationally. He brings particular expertise in strategy development and technology, helping organisations create successful propositions and proprietary capability through the latest in digital and analytics.

Renny has extensive experience in retail banking and is deeply committed to expanding access by SMEs to financial services across markets in Asia. He also has deep expertise in mass-market and mass-affluent business models, consumer finance, wealth management, and payments. He has helped conceptualise and design several market-shaping, digitally-enabled businesses, including banking, broking, and remittances. He has also developed strategies, business plans, and organisational models for leading institutions across the private equity, life and general insurance, and asset management sectors.

Renny has led several major knowledge initiatives on the future of banking globally and in Asia. He brings extensive experience from multiple markets including India, Indonesia, Malaysia, Singapore, Thailand, Vietnam, Australia, and the Middle East.

Published work

Future of Asia: The future of financial services,” McKinsey & Company, October 2021

Platform operating model for the AI bank of the future,” McKinsey & Company, May 2021

Beyond digital transformations: Modernizing core technology for the AI bank of the future,” McKinsey & Company, April 2021

AI-powered decision making for the bank of the future,” McKinsey & Company, March 2021

Reimagining customer engagement for the AI bank of the future,” McKinsey & Company, October 2020

2030: a banking odyssey,” Livemint, December 2018

How financial services incumbents can keep up,” Livemint, September 2017

Charting the Indian banking sector's future,” Livemint, June 2017

Mastering new realities of India’s banking sector,” McKinsey & Company, June 2017

Four innovative ways Asian banks can create actionable insights from customer data,” McKinsey & Company, April 2013


Indian Institute of Management, Ahmedabad

Indian Institute of Technology, Delhi
BTech, electrical and electronics engineering