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Rajat Kumar Gupta is an Indian-American businessman who is best known for his tenure as the Managing Director (CEO) of McKinsey & Company from 1994 to 2003, being the first foreign-born head of the firm. He co-founded the Indian School of Business (ISB) and the American India Foundation (AIF). Gupta also served on the boards of several major corporations, including Goldman Sachs, Procter & Gamble, and American Airlines. His career was later overshadowed by his conviction in 2012 on insider trading charges related to the Galleon Group scandal, for which he served a prison sentence. Since his release, he has been involved in philanthropic activities and has written a memoir detailing his experiences.
Rajat Gupta's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Served as the first non-American-born head of the prestigious global management consulting firm from 1994 to 2003, overseeing significant global expansion and growth.
Played a pivotal role in establishing one of India's leading business schools, contributing to world-class management education in the country.
Co-founded this philanthropic organization to accelerate social and economic change in India, focusing on education, livelihood, and public health.
Held influential board positions at prominent companies like Goldman Sachs, Procter & Gamble, and American Airlines prior to 2011, reflecting his standing in the global business community.
Published a memoir in 2019 offering his perspective on his life, career, and the legal challenges he faced.
Columbia Business School - Year 2006
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Credit Suisse Group AG was a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintained offices in all major financial centers around the world and provided services in private banking, investment banking, asset management, and shared services. It was known for its strict bank–client confidentiality and banking secrecy. In March 2023, following a series of financial difficulties and scandals, UBS Group AG agreed to acquire Credit Suisse for CHF 3 billion (US$3.25 billion) in an all-share deal brokered by the Swiss government and the Swiss Financial Market Supervisory Authority. The acquisition was completed on June 12, 2023, and Credit Suisse Group AG was merged into UBS Group AG. Credit Suisse AG continues to operate as a separate subsidiary for a transitional period.
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