Jane Fraser has been Citi's CEO since March 2021.Drew Angerer/Getty ImagesJane Fraser is on a mission to bring Citigroup back to its former glory.Her strategy spans layoffs, new leaders, and a multibillion-dollar firmwide initiative.Fraser still has a long way to go on several fronts.When Jane Fraser took over Citi in March 2021, she inherited a bank saddled with regulatory problems and outdated technology that lagged behind its other household-name peers.This year's market headwinds have been kind to Citi's stock price, which is up by 33% in the year to date, but Fraser's overhaul has a long way to go.