NY Fed Appoints Citi CEO Jane Fraser to Advisory Board
The New York Fed appointed Citigroup CEO Jane Fraser to the Federal Advisory Council. She joins a group of industry leaders advising on economic policy matters.
The Federal Reserve Bank of New York has announced the appointment of Jane Fraser, the chief executive of Citigroup Inc., to the Federal Reserve Board of Governors Advisory Council. This appointment, which carries a one-year term that commenced in January, places Fraser among a select group of 12 banking industry representatives—one from each Federal Reserve district—who provide strategic counsel to the Board on economic and banking developments. The advisory group typically meets four times a year in Washington, D.C., with members generally serving three consecutive one-year terms. Fraser's inclusion follows her landmark achievement in 2021, when she became the first woman to lead a major bank in the United States.
