Jane N. Fraser

Career

1. 2025 – now
   Citigroupsrc
   Chair & Chief Executive Officer
   Board recombined the Chair and CEO roles on 2025-10-22 and named John Dugan Lead Independent Director
2. 2021 – 2025
   Citigroupsrc
   Chief Executive Officer; director since 2020
3. 2019 – 2021
   Citigroupsrc
   President of Citi (Oct 2019 - Feb 2021) and CEO, Global Consumer Banking (2019-2020)
4. 2015 – 2019
   Citigroupsrc
   CEO, Citi Latin America
5. 2013 – 2015
   Citigroupsrc
   CEO, U.S. Consumer and Commercial Banking and CitiMortgage
6. 2009 – 2013
   Citigroupsrc
   Global Head of Citi Private Bank
7. 2007 – 2009
   Citigroupsrc
   Global Head of Strategy and Mergers & Acquisitions
8. 2004 – 2007
   Citigroupsrc
   Joined Citi in 2004; role not stated in the filings
9. 1994 – 2004
   McKinsey & Companysrc
   Consultant in financial services and global strategy, rising to partner
10. 1990 – 1992
    Asesores Bursátiles (Madrid)src
    Securities firm; end year not stated (she went to HBS for an MBA completed 1994)
11. 1988 – 1990
    Goldman Sachs (London)src
    M&A analyst

Not located: The 2004-2007 role at Citi is not described in the proxy or 10-K; everything before 2004 comes from a search summary only, and the end of the Madrid job is not dated

Achievements

• First woman to run a major U.S. bank; CEO since February 2021 and Chair since October 2025, having run Citi's Latin America, consumer and private bank businessessrc
• Citi's five-year cumulative total return (Dec 2020 = 100) reached 226.3 at end-2025, against 203.5 for the S&P Financials and 196.2 for the S&P 500src
• FY2025 net income $14.3bn, up from $12.7bn in FY2024 and $9.2bn in FY2023src
• Per the proxy, all five businesses had record revenue in 2025 and positive operating leverage for a second full year, and Citi returned over $17.5bn to common holderssrc
• Sold a 25% stake in Banamex to a Mexican investor, agreed a further 24% sale to institutions and family offices, and closed the exit from institutional operations in Russiasrc

Education

• University of Cambridge (Girton College), BA Economics (1988)src
• Harvard Business School, MBA (1994)src

Background

• Family Neither the 2026 proxy nor the FY2025 10-K executive-officer section includes an Item 401(d) family-relationships statement; no relative is named in the related-party sectionsrc
• Boards No other public-company board, now or in the past five yearssrc
• Other Chair of the Financial Services Forum (elected 2025) and Co-Chair of the U.S.-Saudi Business Council (2025); board member of the Council on Foreign Relations, Business Roundtable and Partnership for New York City; sits on HBS's Board of Dean's Advisors and a Stanford advisory boardsrc
• Regulatory Became CEO under the 2020 OCC and Federal Reserve consent orders over risk management and data (with a $400m penalty); Citi paid $136m more in 2024 for falling short on them. The OCC lifted its 2024 amendment in December 2025, and both 2020 orders still standsrc