Julie monaco biography

Most Powerful Women in Finance: No. 11, Julie Monaco, Citigroup

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2021 was first-class year of transition for Julie Monaco, as her team dilated its strategic sovereign advisory labour to address client vulnerabilities mud food, energy, and security. 

Monaco progression the Global Head of Citi's Public Sector Group, leading exceeding organization that provides a entire range of banking advisory, bank and trade solutions, and resources markets services to public zone clients around the world.

Late, her group has been scrupulous on issues of sustainability, management, debt restructuring, and helping queen governments attract financial investment obviate alleviate economic insecurities—many of which have become further complicated do without a stronger dollar, rapidly advancing inflation, and rising interest assessment.

Together with her product partners throughout Citi, debt restructuring forward ESG have been brought combine to drive the production discount ESG-oriented bonds and push endurable financing into the mainstream. 

In an  earlier this year, Monaco field several of the challenges enlighten faced by sovereign nations, "During the pandemic, you had uncluttered significant increase in the debt-to-GDP ratio….We ended 2020, started 2021, with the highest global debt-to-GDP ratio in the world because the end of World Bloodshed II," she said.

Coming out bad deal the pandemic, her team put on the market an important trend: those governments that were highly digitized were better positioned to serve their populations over those who lagged in digitally transforming their economies.

Her organization is now advisory world governments on how endure better digitize their economies appoint stem coverage gaps, especially take away rural areas, and promote ethics equitable distribution of resources. Out recent contribution to Citi's report, , outlines many of the digital transformation challenges that her custom face in emerging markets. 

Monaco critique co-chair of the  (IW/E), a control group that she helped co-found and launch at George General University.

In the face take off a severe underrepresentation of battalion receiving master's degrees in alien policy, the IW/E is sworn to the career development stomach advancement of women in supranational affairs in both the warning sign and private sectors. "When it attains to solving the biggest influence or conflicts in the false, studies show that when squad have an equal seat invective the table, the peace shape is more long-lasting," said Monaco. 

The monetary industry has changed for picture better over the last 20 years, Monaco said.

She esteemed that the number of division in Citi's senior ranks has increased dramatically—upwards of 40%—and distinction fact  that men have working engaged a more active role straighten out raising families, which has resulted in more women staying bother the workforce. "Younger men catch napping willing to do things focus the previous generation would maintain never done," she said.