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Who served as the CEO of Citigroup from 2007 to 2012?
Vikram Shankar Pandit
Vikram Shankar Pandit (born 14 January 1957) is an Indian-American banker and investor who was the chief executive officer of Citigroup from December 2007 to 16 October 2012 and is the current chairman and chief executive officer of The Orogen Group….
Vikram Pandit | |
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Awards | Padma Bhushan (2008) |
Why did Vikram Pandit leave Citigroup?
Cramer: Pandit ‘Forced Out’ By Citi’s Board Pandit was more of an academic — a PhD in finance from Columbia, ” Oja said. “Mr. Pandit is too cerebral and it’s time to do what all the other banks have done, which is have a banker” as CEO.
Who was Indian CEO of Citibank?
ASHU KHULLAR
In his first interview after the announcement of exiting the consumer banking business, ASHU KHULLAR, Citi India’s chief executive officer, tells Pavan Lall that the bank aims to double down on its institutional business, and that India’s story as a financial market remains strong.
Who was recently appointed as CEO of Citigroup?
Jane Fraser
Citigroup has named Jane Fraser as its next chief executive officer. She will be the first female CEO of this major global bank.
Who was Citibank chairman in 1992?
The 1992 scam was sensibly handled initially through a multi-disciplinary committee headed by R Janakiraman (former deputy governor of the Reserve Bank of India).
Who was CEO of Citi Bank in 1992?
Ashu Khullar
Citibank India
Type | Subsidiary of Citigroup |
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Industry | Banking Financial services |
Founded | 1902 |
Headquarters | Mumbai, Maharashtra , India |
Key people | Pramit Jhaveri (Vice-Chairman) Ashu Khullar (Chief Executive Officer) |
Who was Citibank head in 1992?
Citibank India
Type | Subsidiary of Citigroup |
---|---|
Industry | Banking Financial services |
Founded | 1902 |
Headquarters | Mumbai, Maharashtra , India |
Key people | Pramit Jhaveri (Vice-Chairman) Ashu Khullar (Chief Executive Officer) |
What is Mike Corbat salary?
Corbat’s pay included a $1.5 million salary, a $5.26 million cash bonus and $12.27 million in stock-based compensation. The board said the bank’s financial results in the pandemic were strong. However, the bank’s risks and controls are one of the four “performance pillars” that determine Mr. Corbat’s compensation.
Why did Citibank fail in India?
WHY IS CITIGROUP EXITING INDIA? Citigroup said it is exiting the retail banking business in India and 12 other countries as it has not been able to scale up in order to compete. Simply put, the bank has not been able to ramp up its business in order to compete with other domestic players.
Where is Chuck Prince now?
He is still a consultant with Citigroup. In 2008, Fortune named Charles Prince as one of eight economic leaders “who didn’t [see] the crisis coming”, noting his overly optimistic statements in July 2007.
Was Vikram Pandit forced out of Citigroup?
Wall Street was left bewildered Tuesday at the stunning exit of Citigroup CEO Vikram Pandit, who told CNBC he stepped down voluntarily. Insiders, though, said Pandit was forced out. Pandit shocked the Street with the announcement before the market opened that he would be leaving the company after nearly five years.
When did Pandit become CEO of Citigroup?
On 11 December 2007, Pandit was named the new CEO of Citigroup, replacing interim-CEO Sir Winfried Bischoff.
What is Vikram Pandit doing now?
Vikram Pandit. Vikram Shankar Pandit (born 14 January 1957) is an Indian-American banker and investor who was the chief executive officer of Citigroup from December 2007 to 16 October 2012 and is the current chairman and chief executive officer of The Orogen Group.
Who is the CEO of Citi Alternative Investments?
Citi named Pandit chairman and CEO of Citi Alternative Investments (CAI) unit and he later led Citi’s Institutional Clients Group. On 11 December 2007, Pandit was named the new CEO of Citigroup, replacing interim-CEO Sir Winfried Bischoff.