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Vanguard makes senior leadership change

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Vanguard has announced the retirement of John Marcante, chief information officer, following 28-years of service to the firm. 

Nitin Tandon, Vanguard’s current head of Retail and Corporate Systems within the Information Technology division, will join Vanguard’s Senior Staff immediately and become chief information officer, overseeing all aspects of the company’s use of technology globally, when Marcante retires in November. 
 
Marcante joined Vanguard in 1993 and has been a transformational leader for nearly three decades. Prior to becoming Vanguard’s chief information officer in 2012, Marcante excelled in leadership positions in both Vanguard’s Information Technology division and business units. Growing up in systems development, Marcante was at home leading large programs, technology operations, and development groups. His passion for Vanguard’s clients and understanding of the business allowed him to be a pivotal leader of Vanguard’s High Net Worth and Advice client groups.
 
“John is a visionary leader, who has modernised Vanguard’s technology and differentiated Vanguard’s business. He has also been a terrific mentor and developer of leaders over the years,” says Vanguard Chairman and Chief Executive Officer Tim Buckley. “John led the company’s complex cloud migration and transformed our Information Technology division with a keen focus on agile methodology and next-generation development. He was also one of the first senior leaders to champion a vision for delivering advice to clients to help them reach their financial goals. By envisioning and building an enterprise capability to nimbly develop global, scalable advice components, John helped lay the foundation to positively impact the lives of millions of Vanguard clients.”
 
Nitin Tandon joined Vanguard in 2019 as a member of Marcante’s senior team. Tandon currently leads Retail and Corporate Systems within the Information Technology division and previously served as Vanguard’s chief technology officer. In this role, Tandon was responsible for setting Vanguard’s technology vision, strategy, and adoption of emerging technologies (eg, Cloud, Data and Analytics, AI, and Machine Learning). Over the past several years, he has led key programs for Vanguard, including the firm’s enterprise technology and client-experience modernisation strategy. 
 
Tandon brings more than two decades of technology and consulting experience to Vanguard. Prior to joining the firm, he was a Partner in the Technology group within Deloitte Consulting. Most recently, he led Deloitte’s Cloud Practice in Financial Services and Cloud Strategy Practice across all industries. Over Mr. Tandon’s 17-year Deloitte career, he led various IT strategy, optimisation, and transformation programs for many of the largest financial services institutions. 
 
“We’re eager to tap Nitin’s technical vision, eye for talent, and proven delivery for this important role,” says Buckley. “Nitin has made a meaningful impact on Vanguard’s technology offering in a short period of time, and I’m excited to welcome him to our Senior Staff.”
 

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