Josef Ackermann, chief executive of Deutsche Bank, has turned down an approach from Citigroup about taking charge of the US bank, underlining the lack of high-profile external candidates for the job.Who else out there has turned down the job? We will just have to wait and see. Many people continue to predict it will be current Citi employee Vikram Pandit. Stay tuned.
Mr Ackermann was asked if he would be interested in becoming Citigroup’s chairman and chief executive following the resignation of Chuck Prince. He “was approached, but said he was not available”, according to someone familiar with the matter.
For more:
Dealbook
Forbes Blog
CNN Money
1 comment:
The NewsVisual article http://www.newsvisual.com/newsvisual/2007/12/nelson-chai.html points out that the newly appointed CEO John Thain is quickly making changes at Merrill Lynch. He brought on former colleague Nelson Chai as the company’s Chief Financial Officer. Investors are hoping that the management changes will be just what Merrill Lynch needs overcome its losses as a result of the US mortgage crisis. An IntellectSpace Knowledge Map reveals Chai’s past Executive history as well as the connections that helped him secured his latest position.
Post a Comment