Investment Banking

Incoming Citi boss Jane Fraser unveils new leadership team

Fraser unveils a host of changes as she prepares to take the helm at the Wall Street bank

Jane Fraser
Jane Fraser Photo: Getty Images

Incoming Citigroup chief executive, Jane Fraser, has unveiled a number of executives into key management roles as she starts to make her mark on the business ahead of taking charge of the Wall Street lender.

Fraser, who is set to become the first female leader of a major Wall Street bank when she takes over from Michael Corbat in the next few weeks, has named a new chief risk officer, chief of staff and CEO of the banking unit that holds the majority of Citigroup's assets, according to an internal memo seen by Financial News.

WSJ Logo