Jane Fraser is a financial professional with Scottish ancestry. She is the president of Citigroup at the moment. She is also the President and Chief Executive Officer of Consumer Banking. In September 2020, Citigroup announced that she would succeed Michael Corbat as CEO of the entire firm.

She will become the first woman to lead a major Wall Street bank when she begins her new job in February 2021. She previously spent ten years as a partner with McKinsey & Company.

What is the Net Worth of Jane Fraser?

Jane Fraser is a high-ranking bank executive. She worked for McKinsey & Company for ten years before joining Citigroup in 2004. She rose through the ranks to become Citigroup’s President and CEO of Consumer Banking. When she takes over as CEO of Citigroup in February 2021, she will be the first female to lead a major Wall Street bank. She undoubtedly earns a substantial salary as a senior bank executive.

By 2019, she is said to have received $17.3 million in total remuneration. She received a salary of $500,000, a bonus of $4,801,276 and stock awards of $11,995,705. She also received $16,800 in other forms of compensation. In February 2021, she will take over as CEO of Citigroup as a whole, and she will undoubtedly make a bigger impact than she has thus far. According to proxy statements submitted for the 2019 fiscal year, this information is correct. Her net worth will be updated in the near future.

Famous For:

• Current President of Citigroup.
• Set to become the CEO of the entire Citigroup corporation in February 2021.

Where is Jane Fraser From?

Jane Fraser was born on July 13, 1967, in New York City. Her hometown is St. Andrews, Scotland, where she was born. She is of Scottish and American descent. She is of Caucasian ethnicity and follows the Christian faith. At this time, there is no information regarding her family, parents, or early life. It will be updated as soon as possible.

She went to Girton College in Cambridge for her studies. In 1998, she earned a BA in economics (which was later upgraded to an MA according to tradition). Before enrolling at Harvard Business School, she worked for a number of companies. In 1994, she graduated from Harvard Business School with a master’s degree in business administration.

Jane Fraser Citigroup:

• After graduation, she worked at Goldman Sachs in London as an M&A analyst.
• From 1988 till 1990.
• She later joined Asesores Bursatile in Madrid.
• August 1990–June 1992
• She graduated from HBS in 1994.
• After Harvard, she joined McKinsey & Company.
• She joined to work in global strategy and finance.
• She joined the firm.
• New York-based McKinsey & Co.
• She worked for the firm for four years in London. So she just worked part-time.
• About globalisation.
• Race for the World: Building a Great Global Firm, 1999.
• Throughout the book, she spoke with McKinsey clients in China and Hong Kong.
• Michael Klein persuaded Fraser to join Citi.
• Fraser left McKinsey in July 2004.
• Citigroup Investment and Global Banking Client Strategy Head
• Global Head of Strategy and M&A since October 2007.
• She left in May 2009.
• JOINED CITIZEN PRIVATE
• During her tenure, the bank lost $250 million annually.
• During her four years, it made money!
• To replace commissions and sales formulas, she replaced them with a year-end discretionary reward.
• CitiMortgage CEO since 2013.
• During her tenure, the market for mortgage refinancing fell, forcing Citigroup to focus on selling residential mortgages to home buyers. Citigroup terminated various mortgage operations and fired 1,000 employees in September 2013.
• She took over US Commercial Banking in March 2014.
• Fraser joined Citigroup Latino in April 2015. She oversaw 24.
• She became President of Citigroup and Global Consumer Banking in October 2019.
• Following Michael Corbat’s retirement in February 2021, Citigroup named Fraser global CEO in September 2020. An investment bank’s first female CEO.

Jane Fraser Husband:Who is he?

Jane Fraser is a married woman with two children. Alberto Piedra is her husband. Her husband was born in Cuba. During the financial crisis of 2008, her husband left his work as a bank manager in Europe to spend more time with their young children. Fraser worked part-time at the time in order to focus on his family. They have two sons together.

Wikipedia: Jane Fraser Wiki