Born in Nagpur, India, 51-year-old Pandit earned bachelor's and master's degrees in electrical engineering from Columbia University in New York City. He received a doctorate in finance from the school in 1986. At Morgan Stanley, he headed institutional securities, overseeing banking, trading, prime brokerage and investments. While his unit performed well, Pandit often sparred with fixed-income chief Zoe Cruz, who said he was too conservative and unwilling to use leverage to magnify bets.
- Times of India - 2008/09/30 on CitiBank Chief Vikram Pandit