Jane Fraser
The Operator
Execution, delivery and performance, gets the hard thing done.
Jane Fraser is The Operator because she took Citigroup's chief executive role at exactly the moment it demanded unflinching execution of a complex, multi-year transformation. Her restructuring of Citi, divesting businesses, simplifying the organisational model, and confronting regulatory expectations head-on, marks a leader who measures success in concrete outcomes rather than vision statements. Fraser holds herself and her institution accountable with a directness the archetype rewards.
“We're transforming the bank to make sure that we're in a very different position. We're changing the strategy of the bank — that entails selling sixty five thousand employees, twenty five percent of our employee base, so we can focus and double down on the businesses that make sense.”
“The City is to be the pre eminent banking partner for companies and for investors and for individuals across border needs. That's the vision of the bank — we will serve that client base as their absolutely critical partner.”
“We move every single day four trillion dollars of volume for five thousand multinational firms and there's no other bank in the world that can do that. That's an incredible asset for America — a strategic asset for the States.”
The David Rubenstein Show: “Jane Fraser”
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