Reported about 1 year ago
Salim Ramji has become the new CEO of Vanguard Group amidst rising customer service complaints and increasing cash flow into the company's funds. Ramji, the first outsider to lead Vanguard, is expected to update the company's technological infrastructure and consider venturing into cryptocurrency exchange-traded funds. With a background at BlackRock Inc., where he played a key role in launching the largest bitcoin fund, Ramji's appointment is seen as an effort to attract followers of Vanguard founder Jack Bogle.
Source: YAHOO