Vikram Pandit is the CEO of Citigroup Inc., a New York-based American financial services company that holds the world's largest financial services network and controls over 200 million customer accounts in over 140 countries. As of 2008, the company became the world's largest bank by revenues.
Born to a well-to-do Maharashtrian family in Nagpur, India on January 14, 1957, Vikram Pandit seemed to have the world at his feet. After graduating from the Dadar Parsee Youths Assembly High School, Vikram Pandit flew to the United States to attend Gannon University.
Vikram Pandit chose to further his education at Columbia State University where he received his Bachelor's Degree in 1976 and his Master's Degree in 1977. In 1986, he received his PhD in Finance from the Columbia Business School.
Before his success at Citigroup Inc., Vikram Pandit worked as a professor at Indiana University Bloomington. It was not until 1990 that Pradit built his ties with Morgan Stanley, a diversified group of corporations, governments, financial institutions, and individuals. He became managing director and head of the US Equity Syndicate until 1994.
In 1994 he became head of head of Morgan Stanley's institutional securities division. At Morgan Stanley, Vikram Pandit was instrumental in the introduction of electronic trading as well as the creation of services that helped cater to hedge-funds. By 2005 he had served at the company as President of Institutional Securities, Chief Operating Officer of Institutional Securities, and Member of Management Committee. The Indian government gave him recognition with the Padma Bhushan award in 2008.
In 2007, Vikram Pandit joined Citigroup Inc. In December, the company appointed him as CEO. At present day he is the Head of Alternative Investments, Chief Executive Officer, and Member of Operating and Management Committee at Citigroup Alternative Investments. He is also the Chief Executive Officer of Citigroup Inc. Vikram Pandit is Co-Founder of Old Lane, LP.
Showing posts with label leaders of business. Show all posts
Showing posts with label leaders of business. Show all posts
Friday, September 25, 2009
Monday, September 21, 2009
Marc Lipschultz (KKR)
(This is my fifth article on the leaders of KKR. Be sure to check through my archives to find other KKR notables). -Stan
Being pioneers of the business, it is easy to assume that to replace Henry Kravis and George Roberts is something that the firm would rather not think about, especially now that the business is booming and opportunities seem to appear in every corner. KKR still looks ahead with gusto to the future with the two founders still at the helm of the ship.
But to give credit where credit is due, the two founding partners are not just resting on their laurels. Little by little, the two have taken steps in future-proofing their firm; in making sure that whenever they decide to give up the driver’s seat, they will be leaving the steering wheel at the hands of capable drivers. Many critics doubt that anyone can replace what the pioneers have done with regards to the business industry. But with these potential, one can see that they have at least a strong fighting chance to do so. One of the up and coming minds that play secondary captains to KKR’s ship is Marc Lipschultz.
Marc Lipschultz is one of the leaders of the energy industry group at KKR and was involved in all aspects of KKR's investment in International Transmission Holdings and the announced agreements to invest in UniSource Energy Corporation and Texas Genco. A graduate of Stanford University and the Harvard Business School, Marc Lipschultz also serves as member of the board of directors in companies like Amphenol Corporation and The Boyds Collection Limited. He also serves as a special advisor along with Henry Kravis for the company Accel KKR.
Dubbed as the rising star of KKR, Marc Lipschultz joined KKR 12 years ago, coming from Goldman Sachs. At 38, he has already been involved in many of the firm’s big company acquisitions like the $45 billion purchase of TXU, a Texas-based energy group.
Through hiring individuals with class like that of Marc Lipschultz, the doubts that the future of KKR after its founders have left will be forgotten in many of the critics’ minds.
Being pioneers of the business, it is easy to assume that to replace Henry Kravis and George Roberts is something that the firm would rather not think about, especially now that the business is booming and opportunities seem to appear in every corner. KKR still looks ahead with gusto to the future with the two founders still at the helm of the ship.
But to give credit where credit is due, the two founding partners are not just resting on their laurels. Little by little, the two have taken steps in future-proofing their firm; in making sure that whenever they decide to give up the driver’s seat, they will be leaving the steering wheel at the hands of capable drivers. Many critics doubt that anyone can replace what the pioneers have done with regards to the business industry. But with these potential, one can see that they have at least a strong fighting chance to do so. One of the up and coming minds that play secondary captains to KKR’s ship is Marc Lipschultz.
Marc Lipschultz is one of the leaders of the energy industry group at KKR and was involved in all aspects of KKR's investment in International Transmission Holdings and the announced agreements to invest in UniSource Energy Corporation and Texas Genco. A graduate of Stanford University and the Harvard Business School, Marc Lipschultz also serves as member of the board of directors in companies like Amphenol Corporation and The Boyds Collection Limited. He also serves as a special advisor along with Henry Kravis for the company Accel KKR.
Dubbed as the rising star of KKR, Marc Lipschultz joined KKR 12 years ago, coming from Goldman Sachs. At 38, he has already been involved in many of the firm’s big company acquisitions like the $45 billion purchase of TXU, a Texas-based energy group.
Through hiring individuals with class like that of Marc Lipschultz, the doubts that the future of KKR after its founders have left will be forgotten in many of the critics’ minds.
Wednesday, September 16, 2009
Bill Conway
Bill Conway is one of the three co-founders of The Carlyle Group, a Washington-based private equity investment firm that focuses on leveraged buyouts, growth capital, real estate, and leveraged finance investments. The company is one of the largest private equity firms in the world with nearly $50 billion under management.
Born William E. Conway Jr. in 1949 in McLean, VA, this business powerhouse led a pretty conservative life. His genius shone through early on as he received his undergraduate education at Dartmouth College and later on, his M.B.A. at the University of Chicago Graduate School of Business.
Bill Conway, who has 20 years of experience in the industry under his belt, always had an uncanny knack for business and finance. Before founding Carlyle with Dan A. D'Aniello and David M. Rubenstein, Bill Conway spent almost ten years with The First National Bank of Chicago. There he served an array of positions dealing with corporate finance, commercial lending, workout loans, and general management.
In 1981, after his time at The First National Bank of Chicago, Bill Conway served at MCI Communications, the second largest long-distance provider in the United States. At MCI, Bill Conway was instrumental in several of the company’s most significant acquisitions and divestitures. He served as a Vice President and Treasurer of MCI from 1981 to 1984. He then spent as three years the Senior Vice President and Chief Financial Officer.
In 1987, Bill Conway founded The Carlyle Group. The company continues to broaden its scope for potential investment opportunities. They also constantly improve their level of expertise in order to provide superior returns to investors. Presently, Bill Conway serves as Managing Director The Carlyle Group and chairman of Carlyle's investment committees.
Constant in his reserve, Bill Conway continues to support several local charities, especially those that support the causes of education and the Catholic Church.
Born William E. Conway Jr. in 1949 in McLean, VA, this business powerhouse led a pretty conservative life. His genius shone through early on as he received his undergraduate education at Dartmouth College and later on, his M.B.A. at the University of Chicago Graduate School of Business.
Bill Conway, who has 20 years of experience in the industry under his belt, always had an uncanny knack for business and finance. Before founding Carlyle with Dan A. D'Aniello and David M. Rubenstein, Bill Conway spent almost ten years with The First National Bank of Chicago. There he served an array of positions dealing with corporate finance, commercial lending, workout loans, and general management.
In 1981, after his time at The First National Bank of Chicago, Bill Conway served at MCI Communications, the second largest long-distance provider in the United States. At MCI, Bill Conway was instrumental in several of the company’s most significant acquisitions and divestitures. He served as a Vice President and Treasurer of MCI from 1981 to 1984. He then spent as three years the Senior Vice President and Chief Financial Officer.
In 1987, Bill Conway founded The Carlyle Group. The company continues to broaden its scope for potential investment opportunities. They also constantly improve their level of expertise in order to provide superior returns to investors. Presently, Bill Conway serves as Managing Director The Carlyle Group and chairman of Carlyle's investment committees.
Constant in his reserve, Bill Conway continues to support several local charities, especially those that support the causes of education and the Catholic Church.
Tuesday, September 1, 2009
Kevin Griffin: A Career in Success
You could say that Fennebresque & Co. founder and Managing Director Kevin Griffin has been around the block in the world of investment banking and corporate finance. The rise of the company is the latest notch on his belt of experience. Having marked more than 12 years in the industry, with seven dedicated exclusively to the middle market, Griffin is the embodiment of genius and hard work, proving that even in this competitive world, small steps still count.
Kevin Griffin’s brilliance sets him apart even as he received his education. In 1999, he received a Master of Business Administration degree from the University of Chicago Graduate School of Business where he graduated with honors. Prior to that, he studied at The University of North Carolina at Chapel Hill where he received a Bachelor of Science degree in Business Administration.
Before the emergence of Fennebresque & Co., Griffin served as a Partner and Vice President with McColl Partners, an investment bank that provides services to middle-market companies and financial institutions. AT McColl, he was responsible for creating and executing middle market Mergers and Acquisitions transactions.
Before his years with McColl Partners, Griffin worked in the M&A and corporate finance divisions of Lazard, JPMorgan, and Bank of America in New York, Chicago, and Charlotte. Even further back, Griffin began his career as an investment banking analyst with NationsBanc Capital Markets in Charlotte, where he concentrated on fixed income products for real estate.
At Fennebresque & Co., a company that provides middle market advisory services in order to aid clients in the evaluation and execution process of financial transactions, Griffin belongs to a team of senior-level investment banking professionals who are objective, creative, and committed to providing effective advice to clients.
Kevin Griffin is also connected with several professional and civic affiliations including the Association of Insolvency and Restructuring Advisors, the Charlotte Country Day School Alumni Council, the Charlotte Youth Basketball League, and the Myers Park United Methodist Church.
Kevin Griffin’s brilliance sets him apart even as he received his education. In 1999, he received a Master of Business Administration degree from the University of Chicago Graduate School of Business where he graduated with honors. Prior to that, he studied at The University of North Carolina at Chapel Hill where he received a Bachelor of Science degree in Business Administration.
Before the emergence of Fennebresque & Co., Griffin served as a Partner and Vice President with McColl Partners, an investment bank that provides services to middle-market companies and financial institutions. AT McColl, he was responsible for creating and executing middle market Mergers and Acquisitions transactions.
Before his years with McColl Partners, Griffin worked in the M&A and corporate finance divisions of Lazard, JPMorgan, and Bank of America in New York, Chicago, and Charlotte. Even further back, Griffin began his career as an investment banking analyst with NationsBanc Capital Markets in Charlotte, where he concentrated on fixed income products for real estate.
At Fennebresque & Co., a company that provides middle market advisory services in order to aid clients in the evaluation and execution process of financial transactions, Griffin belongs to a team of senior-level investment banking professionals who are objective, creative, and committed to providing effective advice to clients.
Kevin Griffin is also connected with several professional and civic affiliations including the Association of Insolvency and Restructuring Advisors, the Charlotte Country Day School Alumni Council, the Charlotte Youth Basketball League, and the Myers Park United Methodist Church.
Monday, August 31, 2009
Nelson Peltz: From Truck Driver to Brand Builder
Nelson Peltz is not the man one would think of when he drives into an Arby’s. His name does not explode in your mind as the All-American Roastburger does in your mouth. It should though --- Nelson Peltz is the man behind Trian Partners and Triarc Cos., two related firms that focus on food and beverage operations. They own restaurant franchises such as Arby's, Wendy’s, TJ Cinnamon, and Pasta Connection.
Not what you would expect of a billionaire, the 64-year old’s silver hair, deep voice, handsome features and compelling nature are not all that set him apart from all the other big shots on Wall Street. The success story that is Nelson Peltz goes beyond mere genius. Nelson Peltz is defined not only by his hardworking and competitive nature, but also his devotion to the people nearest and dearest to him. Before seeing his empire launch in the 1980s, he enrolled at the MBA program at the Wharton School of the University of Pennsylvania. Here, his path to success hit a speed bump when he had to drop out to drive trucks for his father’s food-distribution business. Now with sons of his own, Nelson Peltz has made sure that his boys never have to go through the same.
Insightful and a natural dealmaker, Nelson Peltz is able to focus on the bigger scheme of things. After dropping out of college in 1962, he was able to turn his family’s little frozen-food distribution business into the largest distributor in the Northeast. In 1985, Nelson Peltz assembled Triangle Industries, the largest manufacturer of tin cans, containers, and packages of tin in the United States. Building companies from the ground up since he was out of high school, it is no wonder that Nelson Peltz has lived his life knowing business inside and out.
Looking back on his truck-driving years, Nelson Peltz makes no apologies. He has been known to say, “I believe in pay for performance.” In the years since then, it is evident in the pay that the performance is nothing short of extraordinary.
Not what you would expect of a billionaire, the 64-year old’s silver hair, deep voice, handsome features and compelling nature are not all that set him apart from all the other big shots on Wall Street. The success story that is Nelson Peltz goes beyond mere genius. Nelson Peltz is defined not only by his hardworking and competitive nature, but also his devotion to the people nearest and dearest to him. Before seeing his empire launch in the 1980s, he enrolled at the MBA program at the Wharton School of the University of Pennsylvania. Here, his path to success hit a speed bump when he had to drop out to drive trucks for his father’s food-distribution business. Now with sons of his own, Nelson Peltz has made sure that his boys never have to go through the same.
Insightful and a natural dealmaker, Nelson Peltz is able to focus on the bigger scheme of things. After dropping out of college in 1962, he was able to turn his family’s little frozen-food distribution business into the largest distributor in the Northeast. In 1985, Nelson Peltz assembled Triangle Industries, the largest manufacturer of tin cans, containers, and packages of tin in the United States. Building companies from the ground up since he was out of high school, it is no wonder that Nelson Peltz has lived his life knowing business inside and out.
Looking back on his truck-driving years, Nelson Peltz makes no apologies. He has been known to say, “I believe in pay for performance.” In the years since then, it is evident in the pay that the performance is nothing short of extraordinary.
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