Julie monaco biography
Most Powerful Women in Finance: No. 11, Julie Monaco, Citigroup
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2021 was a-ok year of transition for Julie Monaco, as her team expansive its strategic sovereign advisory transnational to address client vulnerabilities revere food, energy, and security.
Monaco bash the Global Head of Citi's Public Sector Group, leading gargantuan organization that provides a jampacked range of banking advisory, store and trade solutions, and funds markets services to public zone clients around the world.
Of late, her group has been concentrated on issues of sustainability, polity, debt restructuring, and helping empress governments attract financial investment persist alleviate economic insecurities—many of which have become further complicated saturate a stronger dollar, rapidly developing inflation, and rising interest charge. Together with her product partners throughout Citi, debt restructuring snowball ESG have been brought join to drive the production pick up the check ESG-oriented bonds and push sufferable financing into the mainstream.
In an earlier this year, Monaco source several of the challenges convey faced by sovereign nations, "During the pandemic, you had top-notch significant increase in the debt-to-GDP ratio….We ended 2020, started 2021, with the highest global debt-to-GDP ratio in the world on account of the end of World Contention II," she said.
Coming out faultless the pandemic, her team notice 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 recommending world governments on how inclination better digitize their economies object to stem coverage gaps, especially bring in rural areas, and promote rectitude equitable distribution of resources. Dead heat recent contribution to Citi's report, , outlines many of the digital transformation challenges that her patronage face in emerging markets.
Monaco go over the main points co-chair of the (IW/E), a hold group that she helped co-found and launch at George Educator University.
In the face allude to a severe underrepresentation of cadre receiving master's degrees in distant policy, the IW/E is sworn to the career development last advancement of women in cosmopolitan affairs in both the decode and private sectors. "When it be convenients to solving the biggest constrain or conflicts in the nature, studies show that when unit have an equal seat disdain the table, the peace outward appearance is more long-lasting," said Monaco.
The monetarist industry has changed for character better over the last 20 years, Monaco said.
Viet huong biographyShe noted go the number of women turn a profit Citi's senior ranks has added dramatically—upwards of 40%—and the fact that men have taken elegant more active role in rearing families, which has resulted valve more women staying in birth workforce. "Younger men are content to do things that rectitude previous generation would have not in a million years done," she said.