User Name: AYCEID ServicetoService

Date and Time: Friday, September 9, 2022 8:57:00 AM EDT

Job Number: 179097799

Document (1)

1. My job taught me to think robustly ... and how to write Profile

| | | |
AYCEID ServicetoService
 My job taught me to think robustly ... and how to write; Profile
The Times (London)
August 29, 2017 Tuesday

Edition 1, National Edition

Copyright 2017 Times Newspapers Limited All Rights Reserved

Section: BUSINESS; Pg. 37

Length: 367 words

Byline: Patrick Hosking

Body

Adair Turner well remembers his first day at McKinsey & Co (Patrick Hosking wirtes). He was 26. It was a Saturday
(they don't believe in weekends at McKinsey).

He was at a training morning looking at BT's Prestel service, a clunky and primitive live news feed but cutting edge
at the time. "Someone switched on the set, and up flashed the news that Argentina had just invaded the Falkland
Islands. I thought, 'Wow'."

Turner, now Lord Turner of Ecchinswell, is for many McKinsey personified: brainy, unflappable and ultracomfortable
bounding from one highpowered job to the next. He went on to run the CBI, now run by Carolyn Fairbairn, and then
was chairman of the Financial Services Authority through the banking crisis years.

From the start he mixed with future business stars. Archie Norman, a friend from Cambridge university and another
McKinseyite, first put in his head the idea of becoming a consultant. As of next month Norman will be chairman of
Marks & Spencer.

Turner's first job interview at the firm was conducted by a youthful Stephen Green, now Lord Green, who went on to
become chairman of HSBC and a former trade minister.

An early brief was for Citigroup. Not yet out of their twenties, the team on the project comprised William Hague, a
future foreign secretary, and Howard Davies, a future chairman of Royal Bank of Scotland. The fourth consultant on
the project was Orna Ni-Chionna, who became Turner's wife (they're still married and she's now the senior
independent director at Royal Mail). McKinsey then had a strict rule that married couples couldn't work for the
company. Rather than lose either of them, it dropped the rule.

Turner, 61, says his time at McKinsey helped teach him to think robustly and analytically. "It also helped me learn to
write."

Turner's favourite time was from 1992 to 1995, when he helped forge McKinsey's presence behind the Iron Curtain,
in Russia, Poland and other countries. "It was a fabulous opportunity to start with a clean sheet of paper. So often
with consulting you are mainly struggling with legacy issues."

AYCEID ServicetoService
 Page 2 of 2
My job taught me to think robustly ... and how to write; Profile

Eventually, Turner left to work in public policy. "A lot of me is McKinsey, but I was never going to be the guy who
spends 30 years there."

Classification

Language: ENGLISH

Publication-Type: Newspaper

Journal Code: TIM

Subject: INTERVIEWS (78%); RECRUITMENT & HIRING (78%); BOARDS OF DIRECTORS (74%); PUBLIC
POLICY (74%); EMPLOYMENT INTERVIEWS (73%); BANK FAILURES (69%); ECONOMIC CRISIS (69%); SELF
REGULATING ORGANIZATIONS (69%); COMMERCE DEPARTMENTS (66%); GOVERNMENT ADVISORS &
MINISTERS (66%); STATE DEPARTMENTS & FOREIGN SERVICES (65%); MARRIAGE (64%)

Company: MCKINSEY & CO INC (91%); ROYAL BANK OF SCOTLAND GROUP PLC (66%); CITIGROUP INC
(56%); MARKS & SPENCER GROUP PLC (55%); ROYAL MAIL GROUP PLC (54%)

Organization: FINANCIAL CONDUCT AUTHORITY (56%)

Ticker: RBS (NYSE) (66%); RBS (LSE) (66%); C (NYSE) (56%); C (BMV) (56%); 8710 (TSE) (56%); MKS (LSE)
(55%)

Industry: NAICS541611 ADMINISTRATIVE MANAGEMENT & GENERAL MANAGEMENT CONSULTING

SERVICES (91%); SIC8742 MANAGEMENT CONSULTING SERVICES (91%); NAICS551111 OFFICES OF
BANK HOLDING COMPANIES (66%); NAICS522110 COMMERCIAL BANKING (66%); NAICS523120
SECURITIES BROKERAGE (56%); NAICS522210 CREDIT CARD ISSUING (56%); NAICS452210 DEPARTMENT
STORES (55%); SIC5311 DEPARTMENT STORES (55%); NAICS491110 POSTAL SERVICE (54%); SIC4311
UNITED STATES POSTAL SERVICE (54%); BANKING & FINANCE (90%); CONSULTING SERVICES (90%);
BANK FAILURES (69%)

Geographic: FALKLAND ISLANDS (MALVINAS) (72%); RUSSIAN FEDERATION (69%); POLAND (55%);
National Edition

Load-Date: August 29, 2017

End of Document

AYCEID ServicetoService