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Shaukat Aziz As Citigroup Ceo

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by Felix Salmon
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Nov 06 2007 12:00am EDT

Shaukat Aziz as Citigroup CEO!

The Economist places its weight behind Shaukat Aziz as the ideal CEO of Citigroup:

The 58-year-old joined Citibank in 1969, and worked in various parts of its global empire—including Britain, Greece and Malaysia—before eventually becoming global head of Citi’s private bank. So he knows the firm well, and certainly has good international experience.
He left in 1999 to become the finance minister of Pakistan; he is now prime minister. Pakistan’s economy has flourished during this time, even as its politics have deteriorated. Given the country’s current state of emergency, he may be tempted to find an exit. He would surely be alone amongst potential recruits in regarding the job as an opportunity for a quieter life.

If it happened, Citi would have former finance ministers as both Chairman (Rubin) and CEO (Aziz). They say that Citigroup is the size of a small country; maybe it needs an experienced pol to run it.

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