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Citigroup Picks Pandit for CEO Post

by Frank Langfitt, NPR
December 12, 2007

Citigroup names Vikram Pandit, the head of its investment banking business, as CEO. Pandit's selection comes after a five-week search. He ran a hedge fund bought by Citigroup earlier this year, and is viewed as a careful and decisive. The bank also names acting CEO Sir Win Bischoff as its chairman, replacing Robert E. Rubin.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

Broadcast Dates

  • Morning Edition, December 12, 2007
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