Donald C. Waite III is a member of Columbia Business School's Board of Overseers and became director of the Executives in Residence Program and an adjunct professor in 2002. Having joined McKinsey & Company in New York directly after graduating from Columbia Business School, he transferred to Europe in 1970 and helped build the firm’s financial practice there. Mr. Waite returned to New York in the mid-'70s and assumed leadership of the firm's Banking and Securities Practice. In 1983, he became leader of the Global Financial Institutions Practice, which is the firm's largest. In this role, Mr. Waite personally advised several multinational agencies on their development agendas, and he advised branches of the U.S. federal government on regulatory policy and execution. From 1990 to 1996, he managed McKinsey's Northeast Complex (the offices in New York, Boston, Washington, D.C., Stamford, Conn., and New Jersey). From 1996 to 2002, he was a member of the firm's three-person Office of the Managing Director, charged with overall management of the firm. Mr. Waite currently serves on the boards of directors of several corporations and not-for-profit institutions and teaches at Columbia Business School. Areas of interest: strategy, leadership and management of financial institutions and professional service firms.