Special Edition: International Women's Day

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Jane Fraser: Breaking Banking's Barriers This International Women's Day 🏦💪

On this International Women's Day, Jane Fraser stands as a powerful example of a leader willing to take the less trodden path.

While CEOs of Chase, Goldman, Wells, and others insist employees must be in-office, Citigroup's Jane Fraser has boldly chosen a different approach.

Her decision to let most employees work from home two days a week directly challenges banking's rigid workplace culture.

This isn't just about flexibility—it's about recognizing what truly drives performance.

Her leadership demonstrates the invaluable perspective women bring to banking and leadership positions. DEI programs were necessary to prevent banking from excluding women, not to elevate them underservingly.

With those efforts facing headwinds, leaders like Jane Fraser are our industry's beacon of progress.

During the pandemic, she implemented Zoom-free Fridays and advocated for meetings within standard business hours—practical changes that acknowledged real human challenges.

Jane consistently demonstrates:

• Empathy paired with ambition 🤝

• Purpose aligned with profit 📈

• Workplace designs that accommodate diverse life circumstances 🏠

As Fraser herself notes, she wouldn't be where she is today had she not advocated for what she needed earlier in her career—switching to part-time work as a McKinsey partner when she became a mother.

Now in a position of unprecedented influence, she's ensuring others won't face the same impossible choices between career advancement and personal fulfillment.

What other banking leaders do you admire who are creating more inclusive workplaces? I'd love to hear your thoughts in the comments.

#InternationalWomensDay #WomenInBanking #WorkplaceFlexibility #Leadership #FinancialServices

Three Most Senior Women in American Banking

1. Jane Fraser Jane Fraser became the CEO of Citigroup in March 2021, making her the first woman to lead a major U.S. bank. She continues to oversee Citigroup's global operations, implementing strategies to streamline operations and improve competitiveness.

2. Mary Callahan Erdoes Mary Callahan Erdoes is the CEO of J.P. Morgan's Asset & Wealth Management division, a role she has held since 2009. She oversees $2.8 trillion in client assets and is recognized as one of the most influential women in finance.

3. Thasunda Brown Duckett Thasunda Brown Duckett has been President and CEO of TIAA since May 2021. She leads the organization in providing financial services for mission-driven sectors such as healthcare and education.

Three Female Fintech Founders Running Successful Companies

1. Cristina Junqueira Cristina Junqueira is co-founder and Chief Growth Officer of Nubank, the largest neobank globally, with over 80 million customers as of early 2024. Under her leadership, Nubank has grown significantly across Latin America.

2. Shivani Siroya Shivani Siroya founded Tala in 2011, offering microloans and credit services to underserved markets globally. Tala has disbursed over $1 billion to more than 4 million customers across multiple countries5.

3. Alexa von Tobel Alexa von Tobel founded LearnVest in 2009, which was acquired by Northwestern Mutual for $375 million in 2015. She later established Inspired Capital, managing nearly $1 billion in venture capital funds6.

Three Acclaimed Women Leading Fortune 500 Companies

1. Mary T. Barra Mary Barra has been CEO of General Motors since January 2014, becoming the first female CEO of a major automaker globally. She has focused on electric vehicles and sustainability, steering GM toward innovative growth7.

2. Julie Sweet Julie Sweet has led Accenture as CEO since September 2019 and became Chair in September 2021. Her leadership emphasizes digital transformation and diversity within the workforce.

2. Lisa Su – President, CEO, and Chair of Advanced Micro Devices (AMD) Dr. Lisa Su has served as the President and CEO of Advanced Micro Devices (AMD) since 2014 and was appointed Chair of the Board in 2022. Under her leadership, AMD has transformed from a struggling semiconductor company into a powerhouse rivaling industry giants like Intel and Nvidia. Su spearheaded AMD’s focus on high-performance computing, gaming, and data center chips, driving record revenues and market share growth. Her strategic vision and execution have led to groundbreaking advancements in processor technology, including the rise of AMD’s Ryzen, EPYC, and Radeon product lines. In 2024, she was named Time’s CEO of the Year, cementing her status as one of the most influential leaders in the tech industry. Su, who holds a Ph.D. in electrical engineering from MIT, is widely recognized for her contributions to semiconductor innovation and for breaking barriers as a woman in the traditionally male-dominated tech sector. (time.com)

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The United Nations' theme for this year's Women's Day celebration is: