Jane Fraser named Citi CEO, and first female head of a big global bank
Citigroup says it will announce a successor to Fraser to run the consumer unit in coming weeks
New York — Citigroup picked Jane Fraser as its next CEO, placing the first woman atop any major global bank.
Fraser will succeed Mike Corbat, who is retiring in February after more than eight years in the top job, the New York-based bank said in a statement. Fraser, who was named the company’s president in 2019, will join the board immediately...