Philippe A. De Backer

Managing Partner

Global Practice Leader, Financial Services

Education

Tuck School (Dartmouth)
Master of Business Administration
Colgate University
BA (Magna Cum Laude & Phi Beta Kappa)

Past Experience

Bain & Company
Partner
Korn Ferry International
Global Head, Financial Services

Philippe, currently based in Dubai, is a Managing Partner leading Arthur D. Little’s global Financial Services Practice. He is a core member of the “Strategy & Organization” Practice. 

Philippe is a thought leader in: 

  • Corporate strategy and strategic planning/implementation
  • Investment & capital deployment/fundraising strategy
  • Business and operating models 
  • Organizational design and effectiveness
  • Mergers & acquisitions

Prior to joining Arthur D. Little, Philippe worked for Bain & Company, where he served as Partner & Global Head of Financial Services. He worked in leadership positions in its Boston, Brussels, Paris, and Dubai offices. From 1993 to 2016, he supported clients across many geographies, with particular emphasis on large-scale bank transformations.

In addition to his consulting experience, Philippe founded a New York-based investment firm and successfully IPO a large SPAC with BlackRock on NASDAQ to deploy growth capital in domestic US community banks.
 
Philippe holds an MBA from Tuck School at Dartmouth and a BA from Colgate University. He graduated Magna Cum Laude and is a member of Phi Beta Kappa. He is fluent in French, Dutch, and English.

Philippe has published several books on management and financial services and is widely published. 
 
Philippe is married and has four children. In his free time, he is an avid skier and passionate Asian art collector.

Recent Publications

Disruption — Can banks strike back?
Disruption — Can banks strike back?
So said John Reed, the former Chairman and CEO of Citigroup, as far back as 2015, at a time when global banks across the world were starting to pare back their international operations in response to increasing regulation. The decline of the traditional global bank has only accelerated since then. The newly emerged digital native and “neobank” competitors are now in favor. Their state-of-the-art digital technology, lower-cost structure, lower capital requirements, and greater flexibility in introducing products render them nimbler and more adaptable to changing consumer demands.
Bold choices ahead – transforming banks to win
Financial services: Banking on change – Transformation or failure?
Prior to COVID-19, banking was already under pressure from technology-enabled disruption, greater regulation and an ultra-low-interest-rate environment. The pandemic accelerates these trends, increasing the need for transformative change. How can banks achieve this? This article outlines the three imperatives for banks moving forward – and the consequences if they fail to transform sufficiently rapidly. Before the advent of COVID-19, the banking industry was already under pressure from three trends – technology, regulation, and the macroeconomic environment:

Philippe, currently based in Dubai, is a Managing Partner leading Arthur D. Little’s global Financial Services Practice. He is a core member of the “Strategy & Organization” Practice. 

Philippe is a thought leader in: 

  • Corporate strategy and strategic planning/implementation
  • Investment & capital deployment/fundraising strategy
  • Business and operating models 
  • Organizational design and effectiveness
  • Mergers & acquisitions

Prior to joining Arthur D. Little, Philippe worked for Bain & Company, where he served as Partner & Global Head of Financial Services. He worked in leadership positions in its Boston, Brussels, Paris, and Dubai offices. From 1993 to 2016, he supported clients across many geographies, with particular emphasis on large-scale bank transformations.

In addition to his consulting experience, Philippe founded a New York-based investment firm and successfully IPO a large SPAC with BlackRock on NASDAQ to deploy growth capital in domestic US community banks.
 
Philippe holds an MBA from Tuck School at Dartmouth and a BA from Colgate University. He graduated Magna Cum Laude and is a member of Phi Beta Kappa. He is fluent in French, Dutch, and English.

Philippe has published several books on management and financial services and is widely published. 
 
Philippe is married and has four children. In his free time, he is an avid skier and passionate Asian art collector.

Recent Publications

Disruption — Can banks strike back?
Disruption — Can banks strike back?
So said John Reed, the former Chairman and CEO of Citigroup, as far back as 2015, at a time when global banks across the world were starting to pare back their international operations in response to increasing regulation. The decline of the traditional global bank has only accelerated since then. The newly emerged digital native and “neobank” competitors are now in favor. Their state-of-the-art digital technology, lower-cost structure, lower capital requirements, and greater flexibility in introducing products render them nimbler and more adaptable to changing consumer demands.
Bold choices ahead – transforming banks to win
Financial services: Banking on change – Transformation or failure?
Prior to COVID-19, banking was already under pressure from technology-enabled disruption, greater regulation and an ultra-low-interest-rate environment. The pandemic accelerates these trends, increasing the need for transformative change. How can banks achieve this? This article outlines the three imperatives for banks moving forward – and the consequences if they fail to transform sufficiently rapidly. Before the advent of COVID-19, the banking industry was already under pressure from three trends – technology, regulation, and the macroeconomic environment:

More About Philippe
  • Tuck School (Dartmouth)
    Master of Business Administration
  • Colgate University
    BA (Magna Cum Laude & Phi Beta Kappa)
  • Bain & Company
    Partner
  • Korn Ferry International
    Global Head, Financial Services