This is a profile image of Amit Garg

Amit Garg

Senior PartnerNew York

Coleads the Financial Services and the Private Equity & Principal Investors Practices and leads consumer-finance work, helping clients, investors, and financial-services companies by applying the tools of digital and analytics transformation

Amit coleads McKinsey’s Private Equity & Principal Investors Practice and leads the firm’s consumer-finance work. He is also a core member of the payments and risk team. Amit helps diverse investors and financial-services companies with consumer-finance and risk-management issues, including strategy, compliance, restructuring, and credit risk, among others. He is a leading thinker on consumer credit, payments, and small-business banking.

Examples of Amit’s recent client work include the following:

  • assisting a leading global credit-card issuer with strategy matters such as developing a detailed cost allocation and charge-out framework for the IT organization, resulting in increased transparency and reprioritization of the development budget
  • creating a multichannel lead-generation and sales approach for a small business-card franchise
  • redesigning a marketing funnel to improve the preapproved-acquisition channel, achieving a 20 percent improvement in new accounts and a 10 percent reduction in costs
  • assisting a North American branch-based lender with a restructuring that covered operations in seven states, with a mortgage, home-equity, auto, and personal-loan book of more than $1 billion
  • helping a large information-services company undertake a pricing-improvement program that resulted in a $30 million earnings improvement
  • working with a leading consumer-finance company to develop a growth playbook for multiple asset classes, including store financing, home equity, personal loan, and subprime auto loan
  • helping a major call-center-portfolio company undertake a digital and analytics transformation that resulted in an earnings increase of more than $100 million

In addition to his client work, Amit is a frequent author and speaker at industry events.

  • Private Capital

Published Work

Reinventing credit cards: Responses to new lending models in the US,” McKinsey & Company, June 2022

Analytics in banking: Time to realize the value,” McKinsey & Company, April 2017

Past Experience

Project manager


University of Chicago Booth School of Business
MBA, finance and economics

University of California, Los Angeles
MS, electrical engineering

Indian Institute of Technology Delhi
BTech, chemical engineering