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Pandit vows to make Citi world's best firm

Agencies

Posted: 2008-07-03 15:55:12+05:30 IST
Updated: Jul 03, 2008 at 1555 hrs IST

200 years, Pandit said, "Underneath all the financial challenges we face in these economic conditions, this is one of the world's greatest organizations with resources unique to our time. We have unparalleled businesses, talent, resources and brand.

"Today, you and I are the stewards of that brand. It is our responsibility not only to preserve and protect it, but to build on it."

Pandit added that Citi has three important elements -- right strategy, structure, and talent, in place for this transformation and it was now the time to address the fourth and most important element -- "our Culture."

Pandit said it would be discussing this element with some of senior executives in the coming weeks and invited others as well for their views....

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» Vikram Pandit vowing to make Citi the best global Companu.
Posted by KSV Padmanabhan on 2008-07-04 08:37:43.44617+05:30
I agree with Vikram Pandit, global CEO of Citi Bank. The values / culture that he is talking about should be:Values first; business next. The talent of any Bank must be clean and pure in their mind submitting unconditionally to the Almighty which will enable them to do quality and profitable business. No one should promote directly or indirectly AIDS / window-dressing of Balance Sheet, etc., in any manner and situation.What one sows is what one gets (organisations / individuals / families / governments). Ultimately, the essence of Srimad Bhagavad Gita prevails and am sure Vikram Pandit understands this. Ram Rajya is applicable to quality Organisations too (Corporate Governance).Regards,Padmanabhan,(banker by background).

» comment
Posted by ram on 2008-07-18 14:26:18.615058+05:30
PaddyYou fired people when you were working. You were fired one day. This is what one sow is what one gets.

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