Winfried Bischoff: Difference between revisions
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Bischoff's efforts to greatly increase Schroders influence earned him a [[knighthood]] in 2000 (in a class which also included [[Virgin Group|Virgin]] founder [[Richard Branson]]). |
Bischoff's efforts to greatly increase Schroders influence earned him a [[knighthood]] in 2000 (in a class which also included [[Virgin Group|Virgin]] founder [[Richard Branson]]). |
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He is a non-executive director at [[McGraw-Hill]],[[Eli Lilly]]; [[Land Securities]]; [[Akbank]] and [[Prudential]]. |
He is a non-executive director at [[McGraw-Hill]],[[Eli Lilly]]; [[Land Securities]]; [[Akbank]] and [[Prudential]]. He is the Chairman of the British educational charity, [[Career Academies UK]]. |
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==References== |
==References== |
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Revision as of 19:12, 3 October 2008
Sir Winfried Franz Wilhen "Win" Bischoff is the current chairman of Citigroup and previously served as the interim CEO for Citigroup after Chuck Prince announced his retirement on November 4th, 2007[1][2] He was succeeded by Vikram Pandit on December 11th, 2007. He has joint British and German citizenship.[3]
He was born in Aachen, Germany in 1941 and had an early education in Cologne and Düsseldorf. In 1955 he moved to Johannesburg where he received a Bachelor of Commerce degree at the University of the Witwatersrand in 1961.
He joined in the International Department of Chase Manhattan Bank from 1962 to 1963.[4]
He has been associated with Citi or portions of companies acquired by Citi almost his entire working life.
Bischoff joined J. Henry Schroder & Co. Limited in London in 1966 in its Company Finance Division. In 1971 he became Managing Director of Schroders Asia Limited in Hong Kong. He became Group Chief Executive of Schroders plc in December 1984 and Chairman of Schroders plc in May 1995.
All of Schroders was worth £30 Million when he took over. In 2000 the investment banking division of the company was acquired for £1.3 billion by Citi through its Smith Barney subsidiary.[5] The new investment company was temporarily called Schroder Salomon Smith Barney. Bischoff joined Citi as Chairman of Citigroup Europe and was a member of The Operating Committee of Citigroup Inc., a position he was to hold until becoming Chairman in November 2007.
Bischoff's efforts to greatly increase Schroders influence earned him a knighthood in 2000 (in a class which also included Virgin founder Richard Branson).
He is a non-executive director at McGraw-Hill,Eli Lilly; Land Securities; Akbank and Prudential. He is the Chairman of the British educational charity, Career Academies UK.
References
- ^ "Sir Win Bischoff". Citigroup. Retrieved 2007-12-11..
- ^ Robert E. Rubin to Serve as Chairman of the Board of Citi; Sir Win Bischoff to Serve as Acting Chief Executive Officer; Charles Prince Elects to Retire from Citi
- ^ FT Alphaville » Blog Archive » Sir Win Bischoff - who he?
- ^ forum.europe.com SUSTAINABLE FINANCIAL MARKETS FOR EUROPEAN CITIZENS IN A GLOBAL ERA - Retrieved November 26, 2007
- ^ Citigroup boss banks on his 'foot soldiers' - The Times - September 17, 2006
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