CEO, CitiMortgage Citigroup
After leading Citigroup's private bank to an 8 percent increase in revenue last year, on top of 7 percent growth the year before, Jane Fraser was made CEO of CitiMortgage in May.
Although her primary responsibilities are domestic-CitiMortgage is a U.S. business serving 5 million customers-she also has oversight of Citi's mortgage business globally. Her track record as a savvy manager of capital, talent development and technological innovation suggests that Citi has fresh ambitions for its home loan division.
The four years Fraser spent at the helm of Citi Private Bank left that business, which caters to a third of the Forbes billionaire list, in a strong position competitively.
In her new role, she reports to Citi Co-President Manuel Medina-Mora and has a seat on Citi's 24-member operating committee.