McKinsey veteran Charlie Taylor elected new Liberal treasurer

Charlie Taylor, a 34-year veteran from McKinsey & Company who just retired as a senior partner, has been elected as the federal Liberal Party's new treasurer.

The new treasurer takes over the role from Andrew Burnes, who held the position since 2015 and stood down last year amid the Helloworld travel saga, which also engulfed Finance Minister Mathias Cormann. Burnes’ efforts over the period have however been praised internally by Liberal Party members, including federal president Nick Griener.

“Andrew has done an outstanding job. Thanks to his hard work and professionalism, the Liberal Party was able to properly resource two successful election campaigns,” said Griener. 

Taylor has now been handed the honorary role, seeing his election unopposed by party members. His key objective will to be raise money from donors for the Morrison government to perform strongly in the next election. “On behalf of the Liberal Party, I thank Charlie for taking up this important role,” said president John Olsen. 

“We are delighted to have someone of Charlie's experience and commitment to join the party's federal executive and ensure the party has the resources to support the Morrison government at the next election.” 

The new treasurer has extensive experience across a wide range of business sectors, all of which has been gained during his time with global management consulting firm McKinsey & Company. Latterly, he led McKinsey’s Healthcare and Public Sector practices in Australia, and prior to re-joining the Sydney office in 2009, he worked for the firm’s offices in Singapore, Indonesia, Hong Kong, New York, Tokyo, and South Africa. 

He was the Office Managing Partner of McKinsey’s locales in Jakarta and Singapore, and headed the Travel, Transport, and Logistics and Infrastructure practices in Asia. 

His work in the healthcare sector focused on health-system reform, chronic-disease management, electronic health records and hospital quality, access to care, and financial performance improvement. He also advised private hospitals on governance and organisation, medical device companies on strategy, and other healthcare institutions on tele-health and tele-education. 

Outside the healthcare sector, Taylor served in the public sector in defence, government property, transport/infrastructure, and economic development across a broad range of strategy, organisation, and operational issues. 

Taylor, who is the brother of federal Energy Minister Angus Taylor, retired from McKinsey & Company at the start of this month.