Victor Menezes, former senior vice-chairman of Citigroup, who last month donated $3 million to IIT Bombay Heritage Fund, speaks about his alma mater.
Ivan Manuel Menezes, the India-born CEO of the world's biggest spirits company Diageo, died on Wednesday, days after being hospitalised for treatment of stomach ulcer. Menezes, 64, who was to retire at the end of this month, died in London, the company said. "It is with great sadness that Diageo announces that Sir Ivan Menezes has passed away following a brief illness, with his family at his side," it said in a statement. Diageo had on Monday announced that CEO-designate Debra Crew will assume the top role on an interim basis immediately as Menezes undergoes medical treatment.
The sense of pride and utter joy by some high profile Indian American alumni of the Indian Institute of Technology, Mumbai, that one of their own Nitin Nohria, had been appointed the new dean of the Harvard Business School was palpable.
Sanjay Sinho,an Indian-origin doctor has been appointed chief executive officer of the American India Foundation which gives grants for education, public health and livelihood projects in India.
SEC charged that Menezes, who retired in 2005 as senior vice chairman of Citigroup, allegedly sold Citigroup stock just before the April 15, 2002 company announcement about significant losses in its Argentine operations.
A career Citibanker, 'Selva' came into the spotlight as the person who rewired the financial behemoth's Indian retail operations.