Archive · 25 Oct 2025
Citi CEO Jane Fraser Named New Chair
Citi, a big bank, has a new leader.
Jane Fraser, who has been the CEO since 2021, is now also the Chair, which means she's in charge of the whole company.
She's replacing John Dugan, who was the Chair before.
To recognize her new role, she was given a special award worth $25 million in stocks.
Fraser has been working hard to make Citi better.
She's streamlined things, got rid of some international businesses, and brought in top executives.
Fraser has been working at Citi since 2004 and is excited about Citi's future.
Citi CEO Jane Fraser is named Chair.
John Dugan steps down as Chair.
Fraser's new role includes a $25 million equity award.
Fraser became CEO in 2021.
Fraser has worked at Citi for over two decades.
- Who
- Citi's CEO Jane Fraser and former Chair John Dugan.
- What
- Jane Fraser has been elected as Citi's new Chair.
- When
- Since 2021 as CEO and John Dugan since 2019 as Chair.
- Where
- New York-based Citi.
- Why
- To replace John Dugan as Chair.
- New Chair
- Jane Fraser
- Former Chair
- John Dugan
- Equity Award
- $25 million
- Award Components
- Restricted Stock Units and stock options
- Fraser's CEO Start
- 2021
- Dugan's Chair Tenure
- Since 2019
- Fraser's Career at Citi
- Since 2004