Joydeep Sengupta

1 month ago | asianbankingandfinance.net | Bernhard Kotanko |Vishal Kaushik |Joydeep Sengupta

Banks, insurers, and asset managers in Asia Pacific (APAC) could soon be faced with a partial transition of new wealth flows to WealthTechs. What can they do before it is too late? Wealth in Asia is undergoing a seismic shift. According to a McKinsey analysis, ultra-high-net-worth and high-net-worth families are set to experience an intergenerational wealth transfer estimated at $5.8t between 2023 and 2030.

1 month ago | mckinsey.com | Gautam Kumra |Joydeep Sengupta |Mukund Sridhar

To stay focused, productive, and motivated, leaders need to develop their own working rhythms and routines. Here’s how some CEOs do it. Every successful CEO cultivates habits and routines that infuse discipline into their daily schedules and allow them to perform at their best. While all chief executives must constantly juggle six core responsibilities (exhibit), how they prioritize them depends on a complex interplay between the business context and the CEO’s unique capabilities and preferences.

Oct 23, 2024 | mckinsey.com | Bernhard Kotanko |Joydeep Sengupta |Sonia Barquin

Banks, insurers, and asset managers in Asia–Pacific could soon be faced with a partial transition of new wealth flows to the tune of $700 billion of personal financial assets (PFA) to WealthTechs as customers look to digital platforms to help manage their increasing wealth. With the number of WealthTech companies in the region rapidly growing to meet this burgeoning demand—and customer preferences shifting—financial institutions may need to reassess their digital wealth management offerings.

Sep 8, 2024 | mckinsey.com | Bernhard Kotanko |Joydeep Sengupta

According to McKinsey analysis, between 2023 and 2030, ultra-high-net-worth (UHNW) and high-net-worth (HNW) families in the Asia–Pacific region are set to experience an intergenerational wealth transfer estimated at $5.8 trillion. UHNW families are expected to account for about 60 percent of the total wealth transfer (Exhibit 1), and many are setting up family offices to facilitate the process.

Aug 19, 2024 | mckinsey.com | Joydeep Sengupta

The best CEOs harness the full potential of their teams, enabling them to express and amplify a common purpose and singular narrative. In the third episode of the CEO Insights series, senior partner Joydeep Sengupta speaks with Laurel Moglen, McKinsey’s managing producer, to discuss the art and science of storytelling, fostering an inclusive, collaborative culture through communication, and leading with humility.