Jane Fraser has been named as the new chief executive officer of Citigroup.
Fraser joined Citigroup in 2004 in the corporate and investment banking division, and was CEO of Citi Latin America from 2015 to 2019. She is currently president of Citi and CEO of global consumer banking.
Fraser will be the first female CEO of Citigroup. She will take over from current CEO Michael Corbat in February.