Who is Salim Ramji, Vanguard’s new CEO — All you need to know about the former BlackRock executive replacing Tim Buckley
Live MintVanguard Group on May 14 announced that former BlackRock executive Salim Ramji, has been appointed as its new CEO and board member, Reuters reported. “The current investor landscape is changing, and that presents opportunities for Vanguard to further its mission of giving people the best chance for investment success, which is more relevant today than at any time in the firm’s five-decade history,” Ramji said in the statement, as per Bloomberg. Notably, Ramji and Buckley have worked together on the executive committee of the Investment Company Institute, the industry’s lobbying group, Barron's report added. John Bogle, Vanguard’s CEO from 1975 until 1995, popularised the idea that a fund indexed to the broad stock market could be successful, affordable, and accessible to the general public, a Bloomberg report said.
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