Indian's appointment as Citigroup CEO confirms media buzz

Indira Kannan / CNN-IBN

Time Published on Wed, Dec 12, 2007 at 15:41 in Business section

Tags Tags: Vikram Pandit, Citigroup , Washington

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Washington: Vikram Pandit has been appointed the CEO of Citigroup Inc, America's largest bank. This confirms all the widespread speculation in the media. Pandit emerged as the favourite choice after former CEO, Chuck Prince quit in November following $18 billion worth in the supreme mortgage losses. CNN-IBN Correspondent, Indira Kannan has more.

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