Vikram Shankar Pandit was born on 14 January 1957, and is an Indian-born American banker. He is the former chief executive of Citigroup, a position he held from December 2007 until he was forced to resign, on 16 October 2012.
He holds a B.S. and M.S. degree in Electrical Engineering from Columbia University, and MBA and Ph.D in Finance from Columbia Business School.
A brilliant student all throughout his academic life and a go-getter by nature, 51 year-old Indian Vikram Pandit hogged the media limelight worldwide when he was declared as the youngest CEO of the world’s largest conglomerate, the Citigroup in 2008. The group operates as Citi and happens to be a prominent American financial services company having its base in the New York City in the United States.
Vikram Pundit also has had a stint as a professor at the Indiana University in Bloomington city in US and thereafter, joined Morgan Stanley. For the next two decades, Vikram Pandit worked for Morgan Stanley. He was anointed the President and Chief Operating Officer (CEO) of the Institutional Securities and Investment Banking Group at Morgan Stanley and was in charge of the total operation of this group. Pandit looked after aspects like the trading, sales and infrastructure of the business from the year 2000 to 2005.
However prior this, Vikram Pandit was the managing director and head of the US Equity Syndicate for Morgan Stanley from the period 1990 to 1994. Then from 1994 till 2000, he worked as the managing director (MD) and head of the Worldwide Institutional Equities Division for the same firm. The accomplished Vikram Pandit finally decided to leave Morgan Stanley Company along with some colleagues to begin a hedge fund, Old Lane Partners that was purchased by the Citigroup in the year 2007 for $800 million.