Breaking News


EX-Citigroup CEO Pandit Named Chairman of TGG Consultants

Vikram Pandit, the former chief executive officer of Citigroup Inc. (C), was named chairman of TGG Group, a consulting firm founded on the principles of behavioral economics.

Pandit will be chairman of the holding company for three TGG units: a core consulting and advisory division, a business serving non-profits and an innovation arm, according to a memo obtained by Bloomberg News and confirmed by Shannon Bell, a spokeswoman. Andrew Rosenfield will be CEO, according to the memo.

The new structure incorporates an original business founded by Rosenfield and economists including Daniel Kahneman and Steven Levitt, author of “Freakonomics.”

To contact the reporter on this story: Dakin Campbell in New York at

To contact the editors responsible for this story: Peter Eichenbaum at Steve Dickson

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.