NEW YORK, NEW YORK, July 12, 2008: Led by Vikram Pandit, who runs Citigroup, there are a dozen Fortune 500 companies across the world with an Indian or a person of India-origin as chief, as per the latest list of world’s biggest corporations released on Wednesday. While there are seven Indian companies on this year’s Global Fortune500 list, up from six last year, at least five other members of this league have been run by persons of Indian-origin over the past year. Among these companies, Citigroup, ranked 17th in the list prepared on the basis of the companies’ annual revenue, has Nagpur-born Pandit as its CEO since December 2007. Citi is followed Arcelor Mittal, which has billionaire steel tycoon Lakshmi Mittal as its CEO and main promoter, at 39th rank and Vodafone at 85th. Other firms are beverages major Pepsico (184) and financial services entity Hartford Financial Services (311). Pepsico is headed by Indra Nooyi while Hartford Financial is led by Ramani Ayer.
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