· Jane Fraser · Citigroup WikiRemarks by Chief Executive Officer Jane Fraser at APEC 2025 in Korea
Read full speech on citigroup.com ↗ContextRemarks at the APEC CEO Summit 2025 in Gyeongju, Korea; APEC's mission is to promote trade and investment among 21 Asia-Pacific economies, and the meeting came amid US tariff tensions.
Why it mattersOne of the few major-event speeches by a global bank chief on the world economy: Citi's CEO describes how globalisation is changing.
Problems raised
- Globalisation is being reshaped by shocks, tariffs and uncertainty.
- Firms must rewire supply chains to stay resilient.
- Growth risks leaving many people and places behind.
Solutions proposed
- Build resilience through multi-hub supply chains and trade agreements.
- Invest in AI, clean energy and digital infrastructure across the region.
- Spread growth through small-business finance and services trade.