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Jane Fraser

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Profile

Jane Fraser serves as U.S. Co-Chair of the U.S.-Saudi Business Council Board of Directors, representing the United States alongside Saudi co-chair Lubna Olayan. Fraser is the Chair and Chief Executive Officer of Citi since March 2021 and October 2025 respectively, and is the first woman to head a major U.S. bank. Citi is the world's most global bank, serving clients in more than 180 countries and jurisdictions.

Under her leadership, Citi has reinforced its significant and strategic presence in Saudi Arabia, further connecting the country to the global economy, expanding operations, and actively investing in growing local talent. Beyond Citi, she serves on the boards of the Business Roundtable, the Council on Foreign Relations, and the Partnership for New York City, and is a member of the Group of 30 and chairs the Financial Services Forum.

Education & Early Career

Fraser was born on 13 July 1967 in St Andrews, Scotland. She holds an M.B.A. from Harvard Business School and an M.A. in Economics from Cambridge University. She worked at McKinsey & Company for 10 years, rising to partner prior to joining Citigroup in 2004.

Career History

What Jane Fraser Could Bring to U.S.-Saudi Business Council Co-Chair

Fraser's appointment reflects her demonstrated expertise in international business expansion and cross-border financial relationships. Her tenure as CEO has been marked by large-scale restructuring, regulatory leadership, and efforts to restore Citigroup's competitiveness among the largest U.S. banks. She is known as the eighth most powerful woman in the world in 2025 by Forbes. Her deep experience transforming Citi's global operations, combined with her established relationships across multinational financial institutions and her commitment to building U.S.-Saudi economic partnerships, positions her to advance bilateral investment and commercial opportunities during a critical period for Saudi Arabia's Vision 2030 economic diversification strategy.

Sources

Auto-generated profile. Facts compiled by Executive Moves' AI editorial assistant from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.