The CEO of Citibank completed a strategy refresh at the world’s most global bank. We all know Citibank is the primary US banking subsidiary of financial services multinational Citigroup. In today’s post, I will discuss everything about the current CEO of Citibank.
Who Is The CEO Of Citibank?
The CEO of Citibank is Jane Fraser who is a British American banking executive. She is holding this position since March 2021. Jane was a partner at McKinsey & Company for 10 years before joining Citigroup in 2004.
You can keep on reading to know more about the CEO of Citibank National Association.
About The CEO Of Citibank
The new CEO of Citibank Jane was born in St Andrews, Scotland. Jane attended Girton College, Cambridge, and completed graduation in BA in Economics. After completing her graduation, Jane worked as a mergers and acquisitions analyst at Goldman Sachs, London. Here, she worked from July 1968 to July 199. Later on, she worked as a brokerage associate for Asesores Bursatiles, a Marid-based securities broker. In 1992, Jane enrolled at Harvard Business School and earned her MBA in 1994.
In 1994, Jane joined McKinsey & Company and worked in financial services and global strategy. For the first six years, Jane worked in New York whereas she worked in London for the last four years. However, Jane also worked part-time while raising her young children. Citibank’s CEO even was a co-author of the book Race for the World: Strategies to Build a Great Global Firm.
As a part of her research book, Jane traveled to China, Hong Kong, Indonesia, Singapore, and India. During this time, she interviewed McKinsey clients about their global challenges. Citigroup executive Michael Klien heard her speak about the book. Michael spent several years encouraging Jane to make the move to Citigroup. However, she eventually shifted to Citigroup in 2004!
In Citiground, Jane was hired as Head of Client Strategy in the investment and global banking division in July 2004. Later, she was promoted to Global Head of Strategy and Mergers and Acquisitions until May 2009. However, her tenure as Global Head coincided with the financial crisis of 2007-2009.
The former CEO of Citibank is Vikram Shanker Pandit who is an Indian-American banker. He was the CEO of Citigroup from 2017 to 2012. Currently, he is the chairman and CEO of The Orogen Group. Vikram has been honored with the Padma Bhushan which is the third-highest Indian civilian award by the Government of India.
Now, you must be wondering about the CEO of Citibank’s salary. The company is paying its CEO Jane Fraser $22.5 million as of 2021 for leadership in the transformation of the firm. However, Jane Fraser’s salary is around $1.33 million plus she gets a cash bonus of $6.25 million and equity awards totaling $14.82 million.
Do you know who is the CEO of Citibank New York? Sunil Garg is the CEO of the world’s most global bank Citibank, New York. In case you have any queries related, you can directly contact via the CEO of Citibank’s email address. Do not get panic if you are thinking how do I contact Citibank Executives. Simply make a call at 1-800-285-3000 to reach out to Citigroup headquarters or call on 1-212-559-1000 if you are outside the US.
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FAQ
Who Are The Former CEO Of Citibank?
Vikram Shankar Pandit (born 14 January 1957) is an Indian-American banker and investor who was the chief executive officer of Citigroup from December 2007 to 16 October 2012 and is the current chairman and chief executive officer of The Orogen Group.
Who Is The CEO Of Citibank UK?
James Bardrick | Citi’s Country Officer for the UK, Cluster Head for the UK, Jersey and Israel and the Chief Executive of Citigroup Global Markets Limited.
When Citibank Is Closing In India?
In March, Axis Bank said it reached an agreement to buy Citibank’s consumer business in India for ₹12,325 crore ($1.6 billion) in cash.
Citigroup is not owned by hedge funds. The Vanguard Group, Inc. is currently the largest shareholder, with 8.2% of shares outstanding. With 7.8% and 4.6% of the shares outstanding respectively, BlackRock, Inc. and Capital Research and Management Company are the second and third largest shareholders.
How Do I Escalate A Complaint To Citibank?
Write to Principal Nodal Officer explaining the details of the issue concerned through Webform on Citibank Website (https://www.online.citibank.co.in/customerservice/home.htm) Customers will receive a response within 2 working days of receipt of their complaint at Citibank.
Conclusion
Jane previously served as Citi’s president and later became the first female CEO of a major US bank. Jane Fraser’s net worth is around $50 million to $70 million approximately. She took over this position from Michael Corbat last year. The CEO of Citibank established a clear set of priorities for Citi.
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