Most Powerful Women in Finance: Elinor Hoover, Citigroup
Global Co-Head, Consumer Products
As global co-head of consumer products in Citigroup's investment banking unit, Elinor Hoover has broadened the group's areas of coverage and continues to raise its stature.
Case in point: In co-founding, Citi's Consumer Disruptive Growth Conference, Hoover has strengthened coverage of high-growth, tech-enabled consumer companies.
When the pandemic upset business-as-usual for her group, she had to reimagine her approach to managing and meeting clients' needs around sustaining liquidity.
With the right balance of creativity and flexibility, operational continuity and team morale were maintained, and deadlines continued to be met.
"I have learned the criticality of a number of key attributes: resilience, flexibility and humanity," she said. "As I led my team, I hoped to model for them compassion and understanding, and to provide the group globally with a sense of our shared humanity."
Hoover said her success in achieving cross-team communication and camaraderie, often through Zoom meetings, is something that she is proud of.
A trained classical pianist, Hoover has combined her love of music with her business acumen, serving as chair of the board of directors for the Chamber Music Society of Lincoln Center.