citi-goes-global-in-choice-of-new-bosses

Citi goes global in choice of new bosses

Citi appoints Win Bischoff as chairman and Vikram Pandit as CEO, putting two non-native Americans in control of America's largest bank.
Ending weeks of speculation, Citi has selected Vikram Pandit as CEO and Win Bischoff as chairman putting two non-native Americans at the helm to sort out the subprime mess at the US bank.

Pandit was most recently head of the bank's institutional clients group which comprises Citi Markets Banking and Citi Alternative Investments. He joined the bank earlier this year.

Pandit had a circuitous route into Citi. He moved to America from his home country India to complete undergraduate studies at Columbia and continued at the university for a masterÆs and then a PhD in finance. He joined Morgan Stanley in 1983 and was generally considered one of the stars of the investment bankÆs...
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