Jane Fraser

Tasked with cleaning up the U.S.’s third-largest bank, Jane Fraser has been leading Citigroup’s revamp since she took the reins as CEO in 2021, focusing on slimming operations and modernizing tech. Though the multiyear strategy has a way to go, Fraser—still Wall Street’s sole female CEO and a 20-year veteran at the bank—is making progress. The past year has seen Citi advance technological initiatives, including a push to explore the red-hot stablecoin space, as well as expanding its artificial intelligence tools to around 150,000 employees. Citi’s earnings for the second quarter of 2025 topped analyst expectations, with revenue rising 8% from a year earlier, including an 18% increase in banking revenue. Citi’s stock has soared as well, rising more than 25% over the past year.