The Wall Street drama over who would replace ousted Citigroup boss Chuck Prince ended on Dec. 11 with the appointment of Vikram Pandit as CEO and Sir Win Bischoff as chairman. The Street had been itching for a replacement since former NYSE boss John Thain reportedly turned down the Citi job and signed on as head of Merrill Lynch. I talked with Pandit on the morning of Dec. 12 in between phone calls from well-wishers and at the start of a busy day in which he was to meet with his direct reports. Pandit, an affable 50-year-old who was born in India, spent much of his career at Morgan Stanley before shifting to Citi about six months ago and quickly taking charge of investment banking. His rise to the top of the sprawling, troubled, and—some say—unmanageable behemoth Sandy Weill built has been nothing short of meteoric.
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