Trillions
An Outsider Takes Over the House That Bogle Built
On this episode of Trillions, we discuss Salim Ramji’s arrival as CEO of Vanguard, and the challenges he faces.
Salim Ramji
Source: Vanguard Group
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For the first time in its 49-year history, Vanguard has chosen a chief executive from outside the company. His name is Salim Ramji, who previously served as head of BlackRock’s global exchange-traded fund business. The move comes as Vanguard continues to lead the industry in flows, but the giant has other challenges—such as customer service.