Citigroup Named Jane fraser as first female CEO
Citigroup Inc picked Jane Fraser as its next chief executive officer, placing the first woman atop any major global bank.
Fraser will succeed Mike Corbat, who is retiring in February after more than eight years
Jane Fraser is a Scottish-American banking executive. Educated at Girton College, Cambridge, and Harvard Business School, she was a partner at McKinsey & Company for 10 years before joining Citigroup in 2004. In 2019, she was named president of Citigroup, and also CEO of Consumer Banking
Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.
Headquarters: New York, New York, United States
Revenue: 7,428.6 crores USD (2019)
Number of employees: 2,04,000 (June 2020)