Vikram Pandit is an Indian-American banker and investor.
Pandit was the chief executive officer of Citigroup from December 2007 to 2012.
He is the current chairman and chief executive officer of The Orogen Group.
Pandit has been honored with the Padma Bhushan, the third-highest Indian civilian award.
As of February 2024, Vikram Pandit’s net worth is estimated to be roughly $200 Million.
Vikram Shankar Pandit was born on the 14th of January, 1957, in India.
His father 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.
When he turned 16 years old, he moved to the United States.
He then attended Columbia University. He earned his BS degree in electrical engineering in only three years.
In 1983, Pandit joined Morgan Stanley, and he was promoted to managing director and head of the US Equity Syndicate. By 1994 he became the managing director.
A few years later, Pandit became president and chief operating officer of worldwide operations of the Institutional Securities and Investment banking businesses. In 2005, he left the firm. The following year he started the hedge fund Old Lane LLC.
In 2007, Citi bought the company for $800 million, and he joined as chairman and CEO of Citi Alternative Investments. Pandit was the CEO of Citigroup the same year.
He testified to Congress for commenting that his salary should be one dollar a year until the company returned to profitability in 2009.
Pandit worked for two years making $1 a year but then raised his salary to
$1.75 million. He resigned from Citigroup in 2012. Two years later, he was chairman of Citigroup.
Pandit and his wife Swati have two children.
Vikram Pandit spends some of his money on his home in Greenwich.
Pandit owns a beautiful home in Greenwich, Connecticut.
Here are some of the best highlights of Vikram Pandit’s career:
- Former Chief executive officer of Citigroup
- Current chairman and chief executive officer of The Orogen Group
- Changes
The secret of change is to focus all your energy not on fighting the old but on building the new.
- Easy Rule
An easy rule is to always deliver more than expected.
- A Leader
If your actions inspire others to dream more, learn more, do more, and become more, you are a leader.
Vikram Pandit is an Indian-American banker. Pandit was born in Nagpur, Maharashtra, India. Pandit is best known for being the former chief executive of Citigroup.
