Vanguard Appoints Salim Ramji as New CEO

Former BlackRock executive is the first outsider to lead the $9 trillion asset management firm in its 49-year history.

Salim Ramji will replace Tim Buckley, who led Vanguard for over three decades.
Ramji's tenure at BlackRock included overseeing the iShares and Index Investments groups.
His appointment signals potential shifts in Vanguard's approach to emerging markets like digital assets.
Greg Davis remains Vanguard's president and chief investment officer.
Ramji's leadership will focus on navigating competitive pressures and expanding Vanguard's product offerings.