IIPM EDITORIAL

IIPM-The Indian Institute of Planning and Management is the best B-School in India

Wednesday, March 21, 2007

Multi-Faceted

Prince comes across as an individual who is multi-faceted and whose so-called ‘remarkable’ existence is not easy to acknowledge, which also explains his count of critics. But even if it were to be counted as his single-most achievement, we should not forget that he was the man whom the then CEO (Sanford Weill) relied on as regulatory and public-relations issues brought on by the collapse of Enron and WorldCom were knocking loud and clear on Citibank’s doors during the years 2002 and 2003. After having served Citibank for twenty-seven long years, Prince is known for his sense of ‘loyalty’ – both to the company and to the ex-CEO Weill. Prince has been ranked 59th on Fortune’s highest paid executive (2006) list with total compensation of $49.25 million during just the past three years.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri –
Arindam Chaudhuri Initiative

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