US bank gets its first female CEO

Kanan Sadigov
Post's author

For the first time, the US investment bank Citigroup will be headed by a woman, Report informs, referring to foreign media.

She is Jane Fraser, chief of the bank's global consumer banking division for 16 years. Fraser will take office in February next year.

Michael Korbat, the current CEO of Citigroup, has announced that he plans to retire next year.

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