Jane Fraser Biography
Jane Fraser is a British-American financial executive and the current CEO of Citigroup, a position she has held since March 2021. She was recognised to Fortune’s “Most Powerful Women in Business” list in 2014 and 2015.
How old is Jane Fraser? – Age
Fraser is 56 years old as of 2023. She was born on July 13, 1967, in St Andrews, United kingdom, where she also grew up.
How tall is Jane Fraser? – Height
She stands at a height of 5 feet 6 inches (1.71 m) tall.
Jane Fraser’s Mother, Father, Siblings – Family
Jane was born to a supportive family in St Andrews, United kingdom. However, she has not disclosed any information regarding her parents’ identities to the public yet. It is also not clear whether she has any siblings or not.
Jane Fraser’s Education
Fraser joined Girton College in Cambridge, where she earned a bachelor’s degree in economics. Similarly, she enrolled at Harvard Business School in 1992 and later graduated with an MBA in 1994.
Is Jane Fraser Married? – Husband
Jane has been married to her loving husband, Alberto Piedra, for quite a long time now. Together, the couple has been blessed with two wonderful sons, Gordon Piedra, a physicist, and Cameron Piedra, a professional golfer. Her husband, a Cuban native, abandoned his work as a bank manager in Europe during the 2008 financial crisis to spend more time with their young children.
Jane Fraser’s Career
Fraser joined McKinsey & Company in 1994, where she worked in financial services and global strategy until becoming a partner. During this time, she worked in New York for the first six years and in London for the last four. She published papers on globalisation and co-wrote the 1999 book Race for the World: Strategies for Building a Great Global Firm with three other McKinsey workers.
Additionally, she travelled to China, Hong Kong, Indonesia, Singapore, and India to interview McKinsey clients about their worldwide difficulties as part of her research for the book. Citigroup executive Michael Klein spent several years persuading her to join the firm, which she did in 2004. She joined Citigroup’s investment and global banking division in July 2004 as Head of Client Strategy.
Moreover, she was elevated to Global Head of Strategy and Mergers & Acquisitions in October 2007, a post she held until May 2009. Most notably, she was appointed CEO of Citi Private Bank in June 2009. The bank was running an annual deficit of around $250 million when she was promoted; it returned to profitability during her four-year tenure.
Furthermore, she was asked to take over as CEO of CitiMortgage in May 2013. Despite the fact that she understood the relocation might jeopardise her career, she welcomed the challenge. Her tenure as CEO of Citigroup’s mortgage division coincided with a downturn in demand for mortgage refinancing across the board.
Jane Fraser’s Net Worth
Jane has an estimated net worth of $13.64 Million.
You can find and follow Fraser on LinkedIn using the account name: @Jane Fraser