Vanguard Announces Senior Leadership Alter | Point out

VALLEY FORGE, Pa., Sept. 1, 2021 /PRNewswire/ — Vanguard these days introduced the retirement of

VALLEY FORGE, Pa., Sept. 1, 2021 /PRNewswire/ — Vanguard these days introduced the retirement of John Marcante, main details officer, next 28-several years of committed assistance to the firm. Nitin Tandon, Vanguard’s present head of Retail and Company Methods in just the Info Technological know-how division, will be part of Vanguard’s Senior Team quickly and develop into main info officer, overseeing all factors of the firm’s use of know-how globally, when Mr. Marcante retires in November. 

Mr. Marcante joined Vanguard in 1993 and has been a transformational leader for just about three a long time. Prior to turning into Vanguard’s chief info officer in 2012, Mr. Marcante excelled in management positions in equally Vanguard’s Information Technological know-how division and company models. Expanding up in devices progress, Mr. Marcante was at residence primary big systems, technology operations, and improvement groups. His enthusiasm for Vanguard’s customers and knowledge of the enterprise permitted him to be a pivotal chief of Vanguard’s High Net Truly worth and Guidance customer teams.

“John is a visionary chief, who has modernized Vanguard’s technology and differentiated Vanguard’s organization. He has also been a fantastic mentor and developer of leaders around the several years,” stated Vanguard Chairman and Chief Government Officer Tim Buckley. “John led the firm’s advanced cloud migration and reworked our Facts Technological innovation division with a keen emphasis on agile methodology and up coming-technology growth. He was also one particular of the to start with senior leaders to champion a vision for delivering suggestions to clientele to assistance them attain their economic aims. By envisioning and constructing an company ability to nimbly establish world, scalable assistance parts, John aided lay the foundation to positively impact the life of millions of Vanguard consumers.”

Nitin Tandon joined Vanguard in 2019 as a member of Mr. Marcante’s senior staff. Mr. Tandon now leads Retail and Company Techniques inside the Facts Technologies division and beforehand served as Vanguard’s chief technological innovation officer. In this position, Mr. Tandon was liable for location Vanguard’s technological innovation vision, system, and adoption of emerging systems (e.g., Cloud, Information and Analytics, AI, and Equipment Understanding). About the previous a number of many years, he has led important courses for Vanguard, which includes the firm’s organization technological innovation and shopper-working experience modernization strategy. 

Mr. Tandon brings more than two decades of technologies and consulting practical experience to Vanguard. Prior to joining the business, he was a Spouse in the Engineering team inside Deloitte Consulting. Most not long ago, he led Deloitte’s Cloud Observe in Fiscal Companies and Cloud Strategy Exercise throughout all industries. Over Mr. Tandon’s 17-year Deloitte vocation, he led different IT technique, optimization, and transformation programs for quite a few of the premier monetary solutions establishments. 

“We are eager to tap Nitin’s technological eyesight, eye for expertise, and confirmed shipping for this important job,” mentioned Mr. Buckley. “Nitin has manufactured a significant effect on Vanguard’s technological innovation offering in a limited interval of time, and I’m enthusiastic to welcome him to our Senior Staff members.”

Management Biographies

John Marcante joined Vanguard in 1993 and is the chief details officer, overseeing all factors of the company’s use of technology to provide clientele and manage investments. Mr. Marcante beforehand ran the HNW/Guidance business at Vanguard and has much more than 30 several years of expertise in the company and technological know-how fields. Recently, he was awarded the Philadelphia CIO of the year award (2020 ORBiE Awards) and highlighted in Constellation’s Enterprise Transformation 150 (BT150 for 2020), an elite award that recognizes the best international executives main business enterprise transformation endeavours in their organizations. He was co-chair of Cradles to Crayons in Philadelphia, a non-financial gain organization targeted on encouraging kids in the greater Philadelphia area and is a present board advisor for LaunchCode a non-financial gain giving absolutely free instruction and position opportunities to assistance start occupations in know-how.

Mr. Marcante holds a bachelor’s degree from Pennsylvania Condition University and an M.B.A. from Saint Joseph’s College.

Nitin Tandon currently potential customers Vanguard’s Retail and Company Programs within just the Information and facts Know-how Division. He joined Vanguard in 2019 to lead the Main Technology Workplace. Just before joining Vanguard, Nitin was a crucial leader, marketing consultant, and husband or wife for Deloitte Consulting, primary their Money Expert services Cloud follow. For the duration of his seventeen yrs in consulting, Nitin has shipped quite a few big-scale technological innovation transformation plans with worldwide banks, asset professionals, and insurance policy corporations. He graduated in 1998 with a bachelor’s in technological innovation diploma from the Indian Institute of Engineering (IIT) in Kanpur, India.

About Vanguard

Vanguard is 1 of the world’s largest expense administration businesses. As of July 31, 2021, Vanguard managed $8.1 trillion in worldwide belongings. The organization, headquartered in Valley Forge, Pennsylvania, provides 418 funds to its extra than 30 million traders around the world. For more details, check out vanguard.com.

All figures as of July 31, 2021 except said in any other case.

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