By editor
Originally published on Tue October 16, 2012 8:41 am
Vikram Pandit, the chief executive officer of Citigroup, has stepped down, the company's board announced today.
"The Board also announced it has unanimously elected Michael Corbat CEO and a director of the Board," Citigroup said in a statement. "Mr. Corbat previously served as Citigroup's CEO of Europe, Middle East and Africa."
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