As part of the pitch to the CIB's executive, McKinsey actually referenced its deep understanding of the bank and surrounding context, which it gained from the economic advisory council. It seems obvious to me that as a minister or as government, you would have made some effort to ensure that the consultant clients are not inappropriately benefiting from inside knowledge.
In this study, we also confirmed that many McKinsey clients have been or are currently clients of the bank.
Were you ever concerned that McKinsey might be benefiting in any way from the work that it did on the economic advisory council?