The bank conducted a yearlong search for Pandit's replacement,
Still, his departure is something of a surprise, given there was no immediate warning that Pandit would leave Tuesday with his departure "effective immediately."
Pandit will be succeeded by
Pandit led the bank through the financial crisis, which was just beginning to build up steam when he took over in
Before he took the top job, the bank announced
At the time, Pandit said he would not accept more than
|Copyright:||Copyright 2012 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.|
|Source:||United Press International|