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India’s global banking connection

India’s global banking connection
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First Published: Fri, Dec 14 2007. 11 22 PM IST

Updated: Fri, Dec 14 2007. 11 22 PM IST
Nagpur-born Vikram Pandit, who will turn 51 next month, is the new CEO of Citigroup, which employs more than 300,000 people, operates in more than 100 countries, and has assets worth $2 trillion (Rs78.8 trillion) on its books. Pandit joined Citigroup earlier this year after the US financial conglomerate bought over his hedge fund, Old Lane for $800 million. Pandit is the first Indian to head Citigroup. While it is true that no Indian banker has reached this level before, it is also true that India has, over the years, been pretty well represented in the global financial space, particularly in three large banks—Citibank NA, Hong Kong and Shanghai Banking Corp. Ltd (HSBC) and Standard Chartered Plc. Even Deutsche Bank AG also has an Indian banker in a key position.
Mint presents a list of global Indian bankers (excluding Pandit), past and present.
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First Published: Fri, Dec 14 2007. 11 22 PM IST