The Latest from Women in Banking

Peter Johnson, who has led the company since 2007, will be succeeded by Chief Financial Officer Laura Clark.

Mary McNiff, who has been in the job since 2020, will step into a new, unspecified role later this year. CEO Jane Fraser, who is dealing with the aftermath of two consent orders, has said that updates to the company’s risk management systems are her top priority.

Titi Cole will run the megabank’s legacy franchises division, which contains consumer businesses that Citi is looking to sell or wind down in other countries. The exits are part of CEO Jane Fraser’s efforts to reshape the bank.

Jennifer Barker, who will join Bank of New York Mellon in May, is expected to maintain the custody bank’s focus on its digital transformation.

Citigroup said it exceeded targets it set to increase the percentage of women and Black executives among its ranks.

Citigroup awarded Chief Executive Jane Fraser $22.5 million for her work in 2021 after she assumed the top job in February and helped guide the bank through regulatory hurdles.

Maria Tedesco, the bank's president, added the role of chief operating officer with a mission of unifying workflows from the back office to front end. This frees up CEO John Asbury to augment Atlantic Union’s fintech investments and scout for potential acquisitions.

Helena Haynes-Carter will lead the Cleveland bank’s efforts to hire and retain a diverse pool of employees.

The Toronto-based bank is ramping up hiring on both sides of the border and looking for expertise in cloud technology, machine learning and more.

Bank of America revamped leadership across its wealth management business, placing more responsibilities on current heads Andy Sieg and Katy Knox.