Renny Thomas is a senior partner in McKinsey’s Mumbai office. He has helped major financial services companies in India and across Asia 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 organizations create winning 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 in India and 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 conceptualize and design several market-shaping, digitally-enabled businesses, including banking, broking, and remittances. He has also developed strategies, business plans, and organizational 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 across a number of markets besides India, including Australia, Indonesia, Malaysia, Singapore, Thailand, Vietnam, and the Middle East.
Beyond digital, analytics, and financial services, Renny is passionate about developing future leaders and leads our people and talent development initiatives in India. He is also an avid sports fan, particularly soccer.
Published work
“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
Education
Indian Institute of Management, Ahmedabad
MBA
Indian Institute of Technology, Delhi
BTech, electrical and electronics engineering