Salim Ramji

Salim Ramji

Source: Vanguard Group Inc.

The Big Take

At Vanguard, the Man From BlackRock Ushers in a Quiet Revolution

CEO Salim Ramji is nudging John Bogle’s index-fund empire in new directions – including the fast-growing private markets.

One year and a lifetime ago, Salim Ramji left behind Hudson Yards, the blue-glass fantasy city on the Far West Side of Manhattan, and rolled into Pennsylvania in his 10-year-old SUV.

After topping out at BlackRock Inc., the world’s No. 1 asset-management company, Ramji was taking a new job at Vanguard Group Inc., the decidedly less-sexy No. 2.