ISLAMABAD: Citigroup has announced a major reorganization on Wednesday that trims management layers, giving CEO Jane Fraser more direct oversight over its businesses as she aims to boost its profit.
Citigroup announced a major
reorganization on Wednesday that trims management layers, giving
CEO Jane Fraser more direct oversight over its businesses as she
aims to boost its profit and share price.
.
Factbox-Citigroup's business heads in revamped structure streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
A three decade-veteran of Citi, Khaliq leads the bank's services unit. In 2021, he became the global head of Citi's treasury and trade solutions arm. Fraser calls the business a "jewel in the crown" and told investors at a conference on Wednesday Khaliq had "a proven track record of being the best in the industry."