Jane Fraser’s nomination as the first female CEO of a central Wall Street bank was a watershed moment. According to the first woman Not just for herself but also for others attempting to balance their work and family lives.
She is sure. However, other professional climbers can have it all, not all at once.
According to the first woman In September, Fraser was name CEO of Citigroup. And he will succe Michael Corbat next year.
“There’s a ridiculous demand on women and men to be virtually superwoman or superman. And that’s simply not realistic,” Fraser remarked on Tuesday at the FinTech Festival in Singapore.
“My advice to everyone is that you can have it all, but don’t expect to have it all simultaneously,” said the 53-year-old mother of two. Who worked part-time at consulting firm McKinsey while her children were little for five to five-six years.
As a result, she believes that young people should not be in such a rush.
“Your career will be measured in decades, also you’ll probably have several careers in your life,” Fraser said. “Make sure you appreciate and make the most of each time of your life.”
It’s a work culture inherite in part from Vikram Pandit, Citigroup’s previous CEO. Under whom Fraser worked from 2004 to 2012.
Pandit had invited Fraser to share her career aspirations one day, Fraser recalled. He pushed back when she gave him a sheet of paper outlining her advertising goals also the talents required to attain them.
“You have to think about how you’re going to collect and amass the experiences. That will help you succeed, not the experiences that will bring you to the role,” Fraser said.
“That was a game-changer for me,” she continue, “because I started doing other tasks that weren’t particularly reasonable to most people’s thinking.”
Fraser has held positions at Citi’s investment and private banks and its mortgage business and Latin American divisions throughout her 16 years there. She said that her diversification had provided her exposure to various business procedures, technology, and hazards.
“That mentality guided me to start thinking about what would better prepare me for a more senior post down the road,” Fraser said.