Vanguard has announced that Salim Ramji has officially taken on the role of chief executive officer and has joined the company’s Board of Directors. This appointment is part of a planned leadership transition initially revealed on May 14, 2024. Ramji replaces Tim Buckley, who is retiring after more than 30 years of notable service, including a successful period as chairman and CEO.
Ramji expressed his commitment to Vanguard’s mission of serving individual investors and helping them achieve their long-term financial goals. He emphasized his dedication to continuing the company’s tradition of prioritizing investor success.
Greg Davis, Vanguard’s President and Chief Investment Officer, highlighted Ramji’s deep experience and passion for the company’s mission. He expressed enthusiasm about working with Ramji to deliver innovative financial products and personalized advice aimed at maximizing long-term returns for Vanguard’s investor-owners.
Ramji is a seasoned leader with over 25 years in the financial services industry. His experience spans investments, capital markets, and wealth management, and he brings a global perspective and strong alignment with Vanguard’s culture and values. This expertise is expected to further benefit individual investors worldwide.
In addition to Ramji’s new role, Greg Davis has joined Vanguard’s Board of Directors, and Mark Loughridge, the company’s Lead Independent Director, has taken on the role of nonexecutive Chairman of the Board.