Marcos hopes to gain insights from McKinsey in transforming PH economy

McKinsey & Company CEO Bob Sternfels pays President Ferdinand Marcos Jr. a courtesy call at the Malacañang Palace on Thursday, Aug. 15. | Photo from PPA Pool

MANILA, Philippines — President Ferdinand Marcos Jr. on Thursday expressed hope to ”gain insights” from an international consulting firm in transforming the Philippine economy.

Marcos made the pronouncement after meeting with McKinsey & Company CEO Bob Sternfels during the latter’s courtesy call at the Malacañang Palace.

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”Hopefully we can gain something from your insights on the transformation of the Philippine economy. It’s really the process that we are presently undertaking,” Marcos said in welcoming Sternfels.

Marcos told Sternfels that the government intends to find a way to have a “cooperative approach” in transforming the economy.

McKinsey & Company is an American multinational strategy and management consulting firm which offers services to corporations and governments.

As the CEO and the global managing partner of the firm, Sternfel’s focus based on the company’s website “is ensuring McKinsey lives up to its dual mission of helping our clients realize lasting and substantial improvements in their performance; while also attracting, developing and retaining exceptional people in an inclusive culture.”