Citigroup’s new CEO is a reminder not to keep high-achieving women waiting in the wings

Jane Fraser made history today with the news that she will become the first woman to head a major US bank. The Scotland-born McKinsey consultant turned financial executive will succeed Michael Corbat as CEO of Citigroup, the third-largest US lender, when he steps down in February from the role he’s held for eight years.

Among Wall Street insiders and spectators, Citigroup’s announcement was met with a mixture of excitement (a glass ceiling finally shattered) and impatience (it’s about…

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