Michael Jongeneel leads Bain's Dutch financial services wing

22 April 2020 Consultancy.eu 2 min. read
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Bain & Company has appointed partner Michael Jongeneel as the new Head of its Financial Services practice in the Netherlands. 

The appointment comes five years after Jongeneel returned to Bain & Company and the world of strategy consulting. In his new role, he leads Bain’s service offerings, client management and thought leadership to all clients within the financial services space, including banks, insurance companies, pension funds, asset managers, fintechs and financial regulators. 

Jongeneel specialises in strategy, organisation development and digitisation, with a particular focus on sustainability. He brings over two decades of consulting and banking experience to the role, and reports to Stephen Bertrand, Managing Partner of Bain & Company’s Dutch office, and in a dual reporting line to Dirk Vater, a Frankfurt-based partner who leads the Financial Services practice in Europe, the Middle East and Africa (EMEA). 

Michael Jongeneel, Head of Financial Services at Bain & CompanyJongeneel started his career in the consulting industry, attracted to the sector for its steep learning curve. After a few years at Accenture he joined strategic consultancy McKinsey & Company, where he rose up the firm’s ranks to Engagement Manager. But, just before he was set to be promoted to Junior Partner level, he decided to take a different career turn.

Having just witnessed a life changing experience in his personal life, Jongeneel decided to take his foot off the pedal [working in strategy consulting is notorious for its demanding hours] and follow his life goal of making more of an impact to society. At the age of 33, he joined Triodos Bank as a board member and chief operations officer. Triodos is a Dutch bank that places the UN’s Sustainability Goals at the heart of its mission and operations.

Fast forward thirteen years, and Jongeneel is now delighted with the impact he can make. “In my role at Bain, I can support multiple organisations with making an impact not just for themselves and their shareholders, but also for their customers and society. I believe in the principle of ‘shared value’ in which the interests of all parties involved are balanced.”

Alongside his consulting work for Bain & Company, Jongeneel is a Non-Executive board member at Giro 555/Samenwerkende Hulporganisaties (SHO) and a member of the Supervisory Board of Dutch law firm NautaDutilh.

Earlier this year, Bain in the Netherlands promoted Erik Pot to partner in its Amsterdam office.