Citi CEO Michael Corbat to retire in February Jane Fraser to become

just a few time ago a another video titled Citi CEO Michael Corbat to retire in February Jane Fraser to become was revealed in the channel: Inside News

As informed in the youtube page by Inside News: Citigroup CEO Michael Corbat said that he is retiring in February after eight years leading the bank, and that the firm’s retail banking chief Jane Fraser will succeed him, making her the first female CEO of a major U. S. bank. Corbat’s move finalizes a management overhaul that had been underway at the third-largest U. S. bank by assets. Last year, Jamie Forese, Citigroup’s president at the time, announced he was stepping down after three decades at the bank, which followed the departures of the bank’s longtime chief financial officer and a pair of regional heads. Here is the bank’s statement: Citi CEO Michael Corbat announced that, after 37 years at Citi, including the last eight years as CEO, he plans to retire from Citi and step down from its board in February of 2021. The board selected Jane Fraser, currently Citi’s President and CEO of Global Consumer Banking, to succeed him as CEO in February, and she has been elected to the board, with service beginning immediately. Jane Fraser has been at Citi for 16 years and has been in her current roles since 2019. Jane Fraser is currently the President of Citi and the CEO of Global Consumer Banking. Her global responsibilities include all Consumer businesses in 19 countries, including Retail Banking and Wealth Management, Credit Cards, Mortgages and the associated Operations and Technology. This is breaking news. Please check back for updates.\n\n\nAll data is taken from the source: http://cnbc.com\nArticle Link: https://www.cnbc.com/2020/09/10/citi-ceo-michael-corbat-to-retire-in-february-jane-fraser-to-become-first-woman-ceo-of-a-megabank.html\n\n\n#ceo #newsheadlines #newstodayinusa #kingworldnews #newsworldtoday #newstodayworld #

Check Out the video :

We will keep following the news and posting anything we find

You Might Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *