Vikram Pandit is chosen as CEO of ailing Citigroup that wrote down as much as $18 billions of dollars on home loans under the previous leader.Vikram, a native of Nagpur, India, studied electrical engineering at Columbia and got a Ph.D. in finance from the same university.His resume is impressive as he served as the head of institutional investing at Morgan Stanley. This is good to see that foreign students coming to US and raising it to the top has become new trend.
The 50-year-old Pandit is the first Indian to become CEO of a major American financial institution.
Other prominent Indian Americans who made it to the CEO list:
Indra Nooyi, CEO of PepsiCo.
Rakesh Gangwal, former CEO and Chairman, US Airways Group
Shailesh Mehta, former CEO and chairman of the board of Providian Financial Corporation; currently president and CEO of Granite Hill Capital Ventures
Satish S. Nandapurkar former managing director of the Chicago Mercantile Exchange. Currently the CEO of US Futures Exchange.
Vivek Ranadive, CEO and founder of Tibco Software
Arun Sarin, CEO of Vodafone Inc. Headed the Vodafone takeover of Hutch-Esser Communications Inc.
Sanjiv Sidhu, founder and CEO of i2 Technologies, a B2B Supply Chain integrator
Pradeep Sindhu, Co-founder and CTO of Juniper Networks