Salim Ramji Takes Helm as Vanguard CEO

Salim Ramji is taking over as the CEO of Vanguard, one of the world's largest investment management companies.

With a background in technology and innovation, Ramji is well-equipped to lead Vanguard into the future.

Ramji has been with the company since 2019, serving as the head of the platform and technology group.

He will be replacing Jean McDonough, who has been acting CEO since 2022.

Vanguard has announced the appointment of Salim Ramji as its new Chief Executive Officer, effective July 8, 2024.

Salim Ramji has over 25 years of experience in investments, capital markets, and wealth management. He joins Vanguard from BlackRock, where he was the Global Head of iShares & Index Investing.

Ramji will succeed Tim Buckley, who will retire and step down as Chairman and CEO. Buckley will also step down as Chairman.

Ramji's experience at BlackRock includes leading the implementation of a voting choice platform, which democratizes client access to the proxy voting process.

Salim Ramji's leadership has been instrumental in driving innovation at Vanguard. He's been with the company for over 20 years.

One key takeaway from his tenure is the emphasis on digital transformation. The article highlights how Ramji has led the company's efforts to modernize its technology and improve the investor experience.

Vanguard has seen significant growth under Ramji's leadership, with assets under management increasing by over 50% since he took over as CEO.

Salim Ramji has taken the reins as Vanguard's new CEO, effective July 8, 2024. He succeeds Tim Buckley, who is retiring after more than 30 years of service.

Ramji has more than 25 years of experience in investments, capital markets, and wealth management. He joins Vanguard's Board of Directors and brings a fresh global perspective to the company.

As Global Head of iShares & Index Investing at BlackRock, Ramji managed a majority of the firm's client assets and evolved the iShares platform to provide innovative low-cost products for investors globally. His contributions led to expanded investment access for tens of millions of investors.

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Ramji's background includes a decade as a senior leader at BlackRock, where he led the implementation of a voting choice platform that democratized client access to the proxy voting process. He also began his BlackRock career as the Global Head of Corporate Strategy.

Mark Loughridge, Lead Independent Director, welcomes Ramji to the leadership team and looks forward to working closely with him to strengthen and expand Vanguard's mission and purpose.