Managing Director & Partner
Mark Schofield is the Canada Commercial Chair and leader of the Canadian Financial Institution practice. He primarily advises commercial banks, insurers, and wealth managers on issues including portfolio strategy, full potential and growth strategy, customer segmentation, value proposition development, distribution strategy, digital strategy and business models, operational improvement, cost reduction, risk management, capital allocation, due diligence, and transaction support.
Mark has served clients throughout Canada, the US, Southeast Asia, Australia, and the UK. Prior to joining BCG in 2019, Mark was a Partner at Bain & Company for 19 years.
Traditionally conservative banks that don’t provide the type of data-driven, innovative services offered by Big Tech will fall short of consumers’ expectations. Worse, fintechs are more than ready to step in and meet those needs—even if their methods are suboptimal.