- Company
- Citigroup
- Role
- CEO
- Est. Net Worth
- $75 Million
- Stage
- Established
- Industry
- Finance
Jane Fraser
CEO at Citigroup
LinkedIn ProfileAbout
Jane Fraser became Citigroup's CEO in 2021, making her the first woman to lead a major Wall Street bank. She has been executing a multi-year transformation strategy, simplifying Citi's operations and refocusing on core businesses.
Current Company
Citigroup — CEO
The First Woman to Lead a Major Wall Street Bank
Jane Fraser became CEO of Citigroup in March 2021, making history as the first woman to lead a major Wall Street bank. Born in Scotland, Jane Fraser earned an MBA from Harvard Business School and joined Citi in 2004, rising through the ranks in Latin American banking, consumer banking, and wealth management. Her appointment reflected both her operational track record and a broader push in financial services to diversify executive leadership.
Jane Fraser inherited a Citigroup that was underperforming its peers and facing regulatory criticism for inadequate risk controls and technology infrastructure. As CEO, Jane Fraser has executed a multi-year transformation strategy, exiting consumer banking markets in over a dozen countries, simplifying Citigroup’s organizational structure, and investing in the technology and compliance upgrades the regulators demanded. Jane Fraser’s willingness to make difficult, unpopular decisions — shrinking to grow — has defined her early tenure as CEO.