X-Nico

5 unusual facts about Vikram Pandit


Dhantoli

Vikram Pandit, a former CEO of Citigroup; V.R. Manohar, a prominent Indian lawyer and former Advocate General of Maharashtra; and Shashank Manohar, a former President, Board of Control for Cricket in India (BCCI) are all based in this region.

Say on pay

Citigroup failed "say on pay" with 55% opposition in 2012 after giving CEO Vikram Pandit three retention grants valued at $27.9 million.

Vikram Pandit

In 2005, after more than two decades with Morgan Stanley, Vikram Pandit decided to leave the firm along with John Havens after being passed over by Philip J. Purcell.

In March 2006, Pandit and John Havens, along with Guru Ramakrishnan (former global head of trading, technology and new products in the equities group at Morgan Stanley), started the hedge fund Old Lane LLC.

On 11 December 2007, Pandit was named the new CEO of Citigroup, replacing interim-CEO Sir Winfried Bischoff.



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