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Meet Jane Fraser, the first woman set to helm a major US bank. Jane Fraser addresses Brazil-US Business Council forum in Washington, DC in March 2019. Erin Scott/Reuters. Citigroup announced on ...
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- Early Life and Education
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Jane Fraser was born in St Andrews, Scotland. She attended Girton College, Cambridge, from 1985 to 1988, graduating with a BA (promoted to a MAper tradition) in economics. After graduation, she worked as a mergers and acquisitions analyst at Goldman Sachs, London, from July 1988 to July 1990, then as a brokerage associate for Asesores Bursátiles, a...
In 1994, she joined McKinsey & Company, working in financial services and global strategy, eventually rising to partner. For the first six years, she worked in New York, and for the last four years in London.She worked part-time while raising her young children. She wrote articles on globalization and was a co-author, with three other McKinsey empl...
Fraser was hired as Head of Client Strategy in Citigroup's investment and global banking division in July 2004. In October 2007, she was promoted to Global Head of Strategy and Mergers and Acquisitions, a position she held until May 2009. Her tenure as Global Head coincided with the financial crisis of 2007–2009, and she was part of the executive t...
Fraser is Vice Chair for Partnership for New York City and a member of the Harvard Business School’s Board of Dean’s Advisors, the Stanford Global Advisory Board, the Economic Club of New York and the Council on Foreign Relations. Fraser has led the Citi Operations team since 2021.She was also a member of the board of the Touch Foundation from 2006...
In 2015, Fraser was ranked number 41 on Fortune's list of the 51 Most Powerful Women in Business, up from number 48 on the 2014 list. American Banker named her the "Number 1 Woman to Watch" both in 2014and 2015. Fraser was selected for the inaugural 2021 Forbes50 Over 50; made up of entrepreneurs, leaders, scientists and creators who are over the a...
Fraser is married and the mother of two sons. Her husband Alberto Piedra, a former banker and native of Cuba, left his job as a bank manager in Europe during the financial crisis of 2008 to spend more time caring for their young children. In June 2015, Fraser appeared on a CBS Local report about Citi Global Community Day, in which she and other vol...
Bryan, Lowell L.; Fraser, Jane; Oppenheim, Jeremy; Rall, Wilhelm (1999). Race for the World: Strategies to Build a Great Global Firm. Harvard Business School Press. p. 363. ISBN 087584846X.
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A rising star in banking. This is our exclusive interview with Jane Fraser, the first woman to become chief executive of a major Wall Street bank. The news that Jane Fraser had been chosen as president, as well as CEO of Global Consumer Banking, at Citigroup in October of last year—putting her in line to become the first female CEO on Wall ...
Oct. 21, 2020. Julian R. Photography—AFP/Getty Images Citigroup named Jane Fraser as its next chief executive on September 10, 2020, tapping a woman to lead a giant Wall Street bank...
Jane Fraser is the Chief Executive Officer of Citi, the world's most global bank, which serves clients in nearly 160 countries and jurisdictions. Since becoming CEO in March 2021, Jane has launched a multi-year strategy to transform, simplify and modernize the bank for the digital age. Jane is committed to making Citi the preeminent banking partner for institutions with cross-border needs, a ...
