Vikram Pandit
| Vikram Pandit | |
|---|---|
Pandit at the World Economic Forum in 2011.
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| Born |
Vikram Shankar Pandit 14 January 1957 Nagpur, Bombay State (now Maharashtra), India |
| Residence | New York City |
| Nationality | Indian American |
| Other names | Vikram Pandit |
| Alma mater | Columbia University (BS, MS, MBA, PhD) |
| Occupation | Banker |
| Years active | 1983–present |
| Title | Ex-CEO of Citigroup |
| Board member of |
Columbia University Columbia Business School Indian School of Business |
| Spouse(s) | Swati |
| Children | Rahul and Maya |
Vikram Shankar Pandit (born 14 January 1957) is an Indian-born American banker. He is the former chief executive of Citigroup, a position he held from December 2007 until he resigned on October 16, 2012.
Vikram Pandit was born in Dhantoli locality of Nagpur, Maharashtra, India, to an affluent Marathi Karhade Brahmin family. His father, Shankar B. Pandit, was an executive director at Sarabhai Chemicals in Baroda.
Pandit studied at Bishop Cotton School in Nagpur, and then completed his schooling at the Dadar Parsee Youths Assembly High School in Dadar, Mumbai. When Pandit was 16 years old, he moved to the United States to attend Columbia University. for his undergraduate program and, in 1976, earned his B.S. degree in electrical engineering in only three years. He then completed his M.S. in electrical engineering in 1977. Pandit subsequently turned to business studies and finance and earned a PhD in finance from Columbia Business School in 1986, after publishing a thesis involving a complex financial puzzle, titled "Asset prices in a heterogeneous consumer economy".
During his early professional years, he taught economics at Columbia, then had a stint as a professor at Brock University in St. Catharines, Canada.
He joined Morgan Stanley as an associate in 1983, one of the first Indians to join the company. In 1990, Vikram Pandit was chosen as the managing director and head of the US Equity Syndicate unit of Morgan Stanley and by 1994, he had risen to become managing director (MD) and head of its worldwide Institutional securities division.
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