# Jane Fraser

> Jane Fraser is the British-American chair and CEO of Citi. After joining in 2004 and leading strategy, private banking, mortgages, Latin America and consumer banking, she became CEO in March 2021, the first woman to lead a major U.S. bank. Her tenure has centered on simplifying Citi, exiting consumer markets and modernizing operations and controls.

- **Role:** Chair and Chief Executive Officer at Citi
- **Organizations:** Citi, McKinsey & Company, Goldman Sachs, Asesores Bursátiles, Financial Services Forum, Council on Foreign Relations, Business Roundtable, Partnership for New York City, Group of Thirty, Federal Advisory Council
- **From:** St Andrews, United Kingdom
- **Nationality:** British-American
- **Education:** Economics BA; subsequently MA by Cambridge tradition, Girton College, University of Cambridge, MBA, Harvard Business School
- **Known for:** First woman to lead a major U.S. bank, March 2021., Elected Citi chair in October 2025., Co-author of Race for the World (1999).

## Career timeline

- **1988** — Joined Goldman Sachs in London as an M&A analyst.
- **1990** — Joined Asesores Bursátiles in Madrid.
- **1994** — Joined McKinsey & Company after Harvard MBA.
- **2004** — Joined Citi.
- **2007** — Became Global Head of Strategy and M&A.
- **2009** — Became CEO of Citi Private Bank.
- **2013** — Became CEO of CitiMortgage.
- **2014** — Led U.S. consumer and commercial banking.
- **2015** — Became CEO of Citigroup Latin America.
- **2019** — Named president of Citi and CEO of Global Consumer Banking.
- **2021** — Became Citi CEO on March 1.
- **2023** — Announced five-business organizational model with direct CEO reporting.
- **2025** — Elected chair in October.
- **2026** — Appointed to Federal Advisory Council for a term beginning January.

## Achievements

- First woman to lead a major U.S. bank, March 2021.
- Elected Citi chair in October 2025.
- Co-author of Race for the World (1999).
- Awarded a damehood for services to the financial sector.

## Latest updates

- **2026-10** — Citi reported Q3 revenue of $23.8 billion and net income of $5.2 billion on October 13; Fraser said the bank expected to exceed its annual return target.
- **2026-03** — New York Fed announced her appointment to the Federal Advisory Council for a one-year term beginning January 2026.
- **2025-10** — Elected chair of Citi’s board; John Dugan became lead independent director.

## Links

- Website: https://www.citigroup.com/global/about-us/leadership/jane-fraser
- LinkedIn: https://www.linkedin.com/in/jane-fraser-3292068/

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Profile page: https://yespress.io/jane-fraser
Published by YesPress — https://yespress.io
Last updated: 2026-10-21