Marcos hopes consulting firm McKinsey to help in PH economic transformation

President Ferdinand ''Bongbong'' Marcos Jr. on Thursday welcomed Bob Sternfels, Chief Executive Officer of the McKinsey & Company, at Malacañang with the hope that the firm could help in the development of Philippine economy. 

''Hopefully... that we will be able to gain something from your insights on the transformation of the Philippine economy. That's the process that we are presently undertaking,'' Marcos told Sternfels during the courtesy call. 

McKinsey & Company is a global management consulting firm that usually advises to the world's leading businesses, governments, and institutions. 

Since its formation in 1926, McKinsey has operated as a single global partnership united by a strong set of values, and the drive to deliver positive, enduring change. 

According to the firm's website, Sternfels' focus was to ensure that ''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.'' 

During the courtesy call, Sternfels was accompanied by Jon Canto, McKinsey's managing partner in the Philippines, and Albert Chang, managing partner in Southeast Asia.

Philippine government officials present during the meeting were Speaker Martin Romualdez, Executive Secretary Lucas Bersamin, Department of Information Communications and Technology  (DICT) Secretary Ivan John Uy, Department of Energy (DOE) Secretary Raphael Lotilla, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go and Department of Trade and Industry (DTI) Acting Secretary Ma. Cristina Aldeguer-Roque. —KBK, GMA Integrated News