Black executives are rising inside Citigroup Inc., even as the firm says there’s more to be done.
The bank more than doubled its senior Black executives in 2021 to nine from four a year earlier, according to data on its U.S. workforce released this month. The percentage of Black executives hit 7.7%, up from 3.8%—and the number of Black women with top roles jumped to four from one.
Wall Street has struggled to consistently fulfill promises about representation Still, Black employees at Citi in the category that includes mid-level managers jumped to 777 from 633 a year earlier. The numbers of White managers also increased.
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