jane fraser wikipedia a leader in finance

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Jane Fraser is a highly respected leader in finance, and her Wikipedia page is a great resource to learn more about her achievements. She is the CEO of Citi, a position she has held since 2021.

Fraser has had a long and distinguished career in finance, with over 30 years of experience in the industry. She has held various leadership roles at Citi, including CEO of Citi Asia Pacific and CEO of Citi Australia.

As a leader in finance, Fraser has been recognized for her contributions to the industry, including being named one of the most powerful women in finance by American Banker.

Early Career

Jane Fraser's early career was marked by a strong foundation in finance. She began her career at Citigroup in 1986.

After graduating from the University of Melbourne, Fraser joined Citigroup as a trainee.

McKinsey & Company

Fraser joined McKinsey & Company in 1994, working in financial services and global strategy.

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She eventually rose to the position of partner after working at the company for several years.

Fraser worked part-time while raising her young children during her time at McKinsey.

She co-authored the 1999 book Race for the World: Strategies to Build a Great Global Firm with three other McKinsey employees.

Fraser's research for the book took her to several countries, including China, Hong Kong, Indonesia, Singapore, and India.

She interviewed McKinsey clients about their global challenges during her research.

Glass Cliff Moment

Research shows that women are more likely to be promoted to senior leadership positions when institutions are in trouble, a trend known as the glass cliff.

Mary Barra, the first woman to run General Motors, took the helm in 2014 when the company was still recovering from bankruptcy.

A similar sense of crisis at Citi accelerated Jane Fraser's ascension to CEO in 2020.

Regulators were breathing down the bank's neck over long-overdue systems upgrades, and a flurry of bad press over a fat-finger flub had created a sense of urgency.

Credit: youtube.com, How the ‘Glass Cliff’ Is Hurting Women In Business | Fortune

Fraser's predecessor, Michael Corbat, decided to retire early to let her handle the expensive and time-consuming overhaul needed to begin right away.

Analysts agree Fraser has her work cut out for her, but she hasn't brought in a heavy-hitting outsider to shake up the upper echelons of management.

This lack of change could be a huge liability, says Mayo, as Fraser's allegiances to "old" Citigroup might hold her back.

Professional Achievements

Jane Fraser is the first female CEO of Citigroup, a position she assumed in 2021.

She has held various leadership roles within the company, including Chief Executive Officer of Citi's Asia Pacific Consumer Banking business.

Jane Fraser is a British-American businesswoman who has spent over 30 years at Citigroup, starting her career in 1987.

She has been recognized for her contributions to the financial industry, including being named one of the most powerful women in finance by American Banker.

Honours and Recognition

Jane Fraser has received numerous honours and recognitions for her outstanding work. She was ranked number 41 on Fortune's list of the 51 Most Powerful Women in Business in 2015.

Credit: youtube.com, Jane Fraser.m4v

American Banker named her the "Number 1 Woman to Watch" in both 2014 and 2015, a testament to her growing influence in the business world. Her leadership skills and vision have earned her this prestigious title.

In 2021, Fraser was selected for the inaugural Forbes 50 Over 50, a list of entrepreneurs, leaders, scientists, and creators who are over the age of 50 and making a significant impact. This recognition highlights her continued success and dedication to her work.

Fraser's impact has not gone unnoticed, as she was ranked 4th on Fortune's list of Most Powerful Women in 2023. This achievement demonstrates her growing influence and authority in the business world.

Biografia

Jane Fraser studied at Girton College in the University of Cambridge and the Harvard Business School.

She began her professional career as a mergers and acquisitions analyst at Goldman Sachs in London.

In 1990, Jane moved to Madrid where she worked for AB Asesores until 1992.

Credit: youtube.com, Jane Fraser Biography #upsc | Jane Fraser: A Trailblazer in the Banking Industry #usa CITI #bank |

Jane then started working in New York with McKinsey & Company in 1996, where she became a partner and worked for a decade.

She was hired by Citigroup in 2004, where she held various positions, including strategy and banking private division.

In 2009, Jane took charge of the bank's private division, helping to stabilize it during the financial crisis.

Four years later, in 2013, she led the mortgage division, relocating to St. Louis, Missouri.

Jane then moved on to lead the commercial and consumer banking division.

In 2015, she was appointed to lead Citigroup in Latin America, based in Mexico.

In 2019, Jane was named President of Citigroup, and she also joined the company's Operational Committee.

For two consecutive years, American Banker named Jane one of the "Women to Watch."

Frequently Asked Questions

Who is Jane Fraser married to?

Jane Fraser is married to Alberto Piedra, a former banker from Cuba. He left his European banking job to care for their children.

How many kids does Jane Fraser have?

Jane Fraser has two children. She is a married mother of two.

Did Jane Fraser work at McKinsey?

Yes, Jane Fraser worked at McKinsey & Co. as a partner, focusing on financial services and strategy from 1994.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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