internal
Jane Fraser
Chief Executive Officer & Chair
Executive
5 yr
35 reports
Citigroup Inc. ·C
Five global business CEOs report directly to the group CEO
Financial Services · Fortune #21 · Divisional structure · 240K employees · New York, NY
View as of:
9
CEO span
near peer avg (9)
3.4
Avg span
moderate
3
Max depth
flat for 240K emp
3.2 yr
Avg tenure
stable vs FY2024
56%
Internal hires
near industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$85.2B
Net income
$14.3B
Total assets
$2657.2B
Shares out
1.75B
Sourced from Citigroup Inc. DEF 14A · filed 2026-04-02 ↗ View on SEC
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Citigroup Inc. organizational chart
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Five global business CEOs report directly to the group CEO, an unusually explicit divisional model for a global bank. This page maps Citi’s leadership structure, executive roles, compensation, board oversight and recent leadership changes, with peer comparisons and historical snapshots.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Gonzalo Luchetti joined as Chief Financial Officer
Appointed Nov 19, 2025; effective March 2, 2026
Source · See change logScenario views in the chart
- Add Chief AI Officer Create a Chief AI Officer role reporting to the CEO to centralize AI governance across all five businesses.
- CFO Succession Gap Model a temporary CFO vacancy following Luchetti’s departure, increasing interim burden on the CEO.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
- Connect Salesforce Map your target accounts like this. Import contacts, visualize decision chains, plan multi-threading.
- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
10 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Gonzalo Luchetti
Chief Financial Officer
Finance
1 yr
12 reports
internal
Shahmir Khaliq
Chief Executive Officer, Services
Services
3 yr
10 reports
internal
Andrew Morton
Chief Executive Officer, Markets
Markets
4 yr
10 reports
Viswas Raghavan
Chief Executive Officer, Banking
Banking
2 yr
10 reports
Andy Sieg
Chief Executive Officer, Wealth
Wealth
3 yr
8 reports
Open Role
Chief Executive Officer, U.S. Personal Banking
U.S. Personal Banking
1 yr
8 reports
internal
David McIntosh
Chief Risk Officer
Risk
4 yr
7 reports
Brent J. McIntosh
Chief Legal Officer & Corporate Secretary
Legal
5 yr
5 reports
internal
Sara Wechter
Chief Human Resources Officer
Human Resources
4 yr
5 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Jane Fraser $95.8M
- Base salary
- $1.50M
- Bonus
- $6.08M
- Stock awards
- $59.57M
- Option awards
- $28.60M
- Other
- $12K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
Stock ownership commitment described in proxy; specific multiples not disclosed.
The businesses
How Citigroup Inc. divides the work
5 divisions report into the group CEO. Tile size scales with estimated headcount.
Services
60K employees
CEO, Services (Shahmir Khaliq)
Global transaction services including treasury, trade and securities services.
Markets
45K employees
CEO, Markets (Andrew Morton)
Institutional sales, trading and securities services.
Banking
30K employees
CEO, Banking (Viswas Raghavan)
Investment banking and corporate lending.
Wealth
25K employees
CEO, Wealth (Andy Sieg)
Global wealth management and private banking.
U.S. Personal Banking
50K employees
CEO, U.S. Personal Banking (Open Role)
U.S. consumer banking, cards and retail services.
The thesis
Why this org is unusual
Five global business CEOs report directly to Jane Fraser, an unusually clear divisional model for a systemically important bank.
The structure centers on Services, Markets, Banking, Wealth and U.S. Personal Banking as distinct P&L-led businesses, each run by a named CEO with direct access to the group CEO.
This model reflects Citi’s post‑2021 simplification strategy, reducing geographic overlays and legacy matrix layers. Control functions—Finance, Risk, Legal and HR—remain centralized and report directly to the CEO, reinforcing regulatory discipline alongside business autonomy.
- No group COO
- Five business CEOs with direct CEO access
The comparison
How Citigroup Inc. stacks up
Compared with peers like JPMorgan and Bank of America, Citi places more explicit CEO titles at the business-unit level, signaling accountability for returns. JPMorgan and Wells Fargo rely more heavily on functional heads with presidents or COOs mediating span. Citi also stands out for operating without a group COO, …
C-suite size
Reporting depth
Citigroup Inc.
3 levels
5 levels
5 levels
5 levels
4 levels
4 levels
Avg C-suite tenure
Citigroup Inc.
3 yr
6 yr
7 yr
5 yr
6 yr
6 yr
Has COO / Has CAIO
Citigroup Inc. — no COO — no CAIO
Current signals
What changed recently
The most consequential change was Gonzalo Luchetti’s appointment as CFO, replacing Mark Mason as part of Citi’s leadership refresh.
- new
- departedMark A. L. Mason Chief Financial Officer
Stepped down March 2, 2026; became Executive Vice Chair
Source - Date not confirmed reorg
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-04-02
- CEO
- Jane Fraser
- CEO span
- 9
- C-suite
- 9
- Avg tenure
- 3.1 yr
Proxy reflects transition planning for CFO succession.
Named executive officers (5)
- Jane Fraser - CEO since 2021
- Mark Mason - CFO since 2019
- Viswas Raghavan - Head of Banking since 2024
- Andrew Morton - Head of Markets since 2021
- Ernesto Torres Cant - Head of International since 2018
FY2024
DEF 14A filed 2025-04-03
- CEO
- Jane Fraser
- CEO span
- 8
- C-suite
- 9
- Avg tenure
- 3.4 yr
Stable structure during transformation period.
Named executive officers (3)
- Jane Fraser - CEO since 2021
- Mark Mason - CFO since 2019
- Andrew Morton - Head of Markets since 2021
FY2023
DEF 14A filed 2024-04-04
- CEO
- Jane Fraser
- CEO span
- 8
- C-suite
- 8
- Avg tenure
- 3.8 yr
Earlier phase of business simplification.
Named executive officers (2)
- Jane Fraser - CEO since 2021
- Mark Mason - CFO since 2019
Year-over-year changes
Banking leadership strengthened with external hire, increasing CEO span.
- CEO span: 8 → 9
- C-suite size: 9 → 9
- Avg tenure: 3.4 → 3.1 yr
- new Viswas Raghavan - Head of Banking (DEF 14A 2026-04-02)
Structure stabilized as new executives joined.
- CEO span: 8 → 8
- C-suite size: 8 → 9
- Avg tenure: 3.8 → 3.4 yr
- reorg Business Simplification - Divisional alignment (DEF 14A 2025)
The board
Board of directors
3 directors. 2 of 3 independent (67%). Source: most recent DEF 14A.
Jane Fraser
Chair Inside
CEO & Chair, Citigroup Inc.
John C. Dugan
Lead Indep. Independent
Lead Independent Director, Citigroup Inc.
Titi Cole
Independent
Former Head of Legacy Franchises, Citigroup
Also on: Datadog, Inc.
The board, organized
Board committees
1 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.
Audit Committee
100% independent 19 mtgs/yr
- turley_dir Chair
- reiner_dir
- dailey_dir
Frequently Asked Questions
Who is the CEO of Citigroup Inc.?
Jane Fraser has been CEO since February 2021 and also serves as Chair of the Board as of October 2025.
What type of organizational structure does Citigroup Inc. use?
Citigroup uses a divisional structure built around five global business CEOs with centralized control functions.
How many direct reports does Citigroup's CEO have?
Jane Fraser has nine direct reports, including five business CEOs and four functional leaders.
How has Citigroup's leadership changed recently?
In late 2025 Citi appointed Gonzalo Luchetti as CFO and combined the CEO and Chair roles under Jane Fraser.
Does Citigroup have a COO?
No. Citi operates without a group COO, with operational responsibility pushed to each business CEO.
Sources
- Form 8-K, Nov 2025
- Form 8-K, Oct 2025
- SEC EDGAR: Citigroup Inc. DEF 14A Proxy Statement
- SEC EDGAR: Citigroup Inc. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Citigroup Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/citigroup/MLA 9th
"Citigroup Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/citigroup/. Accessed .Chicago 17
Creately. "Citigroup Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/citigroup/.Original SEC source View on SEC ↗
Citigroup Inc.. DEF 14A. Filed 2026-04-02. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/831001/000120677426000185/citi4583461-def14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/citigroup/ · last updated 2026-04-01