Vanguard Group has named Salim Ramji, a seasoned executive from BlackRock Inc., as its new chief executive officer.
![PHOTO: Salim Ramji, New CEO at Vanguard Group. Eftstream](https://krugmaninsights.com/wp-content/uploads/2024/05/salim__article-image-1024x512.webp)
This appointment marks the first time an outsider will lead the firm, succeeding Tim Buckley, and heralds a new chapter for Vanguard, renowned for its innovative approach to index fund investing. Starting in July, Ramji, who previously managed BlackRock’s exchange-traded funds (ETFs) and index investments, will step into