McKinsey Alumnus Joins Permira Healthcare Team

Mubasher Sheikh joins European Private Equity Firm.

Sheikh leaves his role as a Partner at McKinsey to lead Permira’s Healthcare team. The team was established in 2008 and now consists of 10 people.

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McKinsey Partner rejoins Peugeot Citroen

Yves Bonnefont rejoins PSA Peugeot Citroen  as Strategy Director.

He returns to the company 14 years after he left his role as Manufacturing Manager with the firm. He joins from McKinsey where he was the Partner in charge of the firm’s global automotive practice.

Peugeot is facing difficult times with a drop in  sales and profitability, but analysts say the strategy to pursue international is the right one and that Bonnefont will be continuing with the same strategic direction.

The press release is available here.

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McKinsey on What Women in Business Want

Survey finds women increasingly confident of becoming leaders.

Approximately 2,500 college educated men and women were surveyed and the results showed that women who make the leap from entry level jobs to middle management and then on to senior management are not only interested in becoming leaders, but they are also increasingly confident that they can. Continue reading “McKinsey on What Women in Business Want” »

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Ex-McKinsey Consultant is Intesa’s New CEO

Enrico Cucchiani takes the helm at Italy’s biggest retail bank, Intesa.

He is tasked with steering the company through the worsening sovereign debt crisis.

Cucchiani joins from Allianz, where he was on the management board and held responsibility for western Europe, Africa and Latin America. An ex-McKinsey consultant, Cucchiani applied his consulting experience in a variety of industries and companies before joining Allianz. He spent 15 years with with the firm and in a 2005 FT interview he talked of his plans to create his “own McKinsey internally”, building a team of smart, talented employees tasked with driving effectiveness. He and his team made a significant impact and he will no doubt be looking to replicate this as he tackles Intesa’s planned efficiency drive, together with a boost to international operations.

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Fortune’s World Map of Leadership Development

Which firms are best at developing leaders? McKinsey is up there.

A study by Fortune and Aon Hewitt Consulting, investigates a range of factors around leadership development, including leadership strategy, succession planning and techniques for identifying high-potential junior employees. They have produced a Top 25, recognising those companies that do it best.

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