{
  "id": 20015568,
  "title": "MiB: Vanguard CEO Salim Ramji",
  "url": "https://urgent.news/2026/11/14/mib-vanguard-ceo-salim-ramji",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-14T16:30:40.000Z",
  "source": {
    "name": "The Big Picture",
    "slug": "the-big-picture",
    "url": "https://ritholtz.com/2026/11/mib-vanguard-salim-ramji/"
  },
  "original_language": "en",
  "account": "This week, I spoke with Salim Ramji, the Chief Executive Officer of Vanguard Group, one of the world's largest asset managers. Established in 1975 by John Bogle and owned by its clients, Vanguard recruited Salim in July 2024 to replace Tim Buckley, marking his appointment as the first outsider CEO in the firm's history. Prior to joining Vanguard, Salim spent a decade at BlackRock, where he led the iShares and index-investing business. His career began at Clifford Chance in London and Hong Kong, where he practiced law after earning a bachelor's degree in economics and politics from the University of Toronto and a Master's degree in Law from Cambridge. Salim transitioned to McKinsey, where he reached the rank of senior partner and led the firm's Asset & Wealth Management practice. He served as Head of Corporate Strategy at BlackRock, then oversaw U.S. Wealth Advisory and Global Head of iShares & Index Investing, managing the firm's ETF and index business. In January 2024, Salim departed BlackRock, and Vanguard appointed him as CEO in May of the same year. During our discussion, we delved into Salim's career transition from law to consulting to BlackRock, and the implications of being the first outsider to lead a firm with Vanguard's unique culture and ownership structure. We also explored Vanguard's acquisition of Altruist, a custodial and technology-focused advisory platform, and what this transaction signifies for the future of financial advice. Our last conversation with Salim Ramji took place in August 2020, when he was leading iShares at BlackRock. You can listen to our previous conversation, and stream or download our full interview, complete with any additional podcast extras, on platforms such as Apple Podcasts, Spotify, YouTube, and Bloomberg. Additional podcast episodes featuring your favorite hosts are available at our designated resource. Don't forget to tune in next week's Masters in Business podcast, featuring David Eichhorn, CEO and Head of Investment Strategies at NISA Investment Advisors, a 100% employee-owned asset manager based in Clayton, Missouri, managing approximately $483 billion in assets.",
  "summary": "This week, I speak with Salim Ramji, Chief Executive Officer of Vanguard Group, one of the largest asset managers in the world. Founded by John Bogle in 1975 and owned by the funds it manages, and therefore by its clients, Vanguard hired Salim in July 2024 to succeed Tim Buckley, making him… Read More The post MiB: Vanguard CEO Salim Ramji appeared first on The Big Picture .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}