Citi Says It Exceeded Goals for Boosting Management Diversity

Citigroup Inc. exceeded targets it set to increase the percentage of women and Black executives among its ranks, showing progress on the firm’s push to improve diversity.

Black employees in the U.S. now make up 8.1% of managers in roles from assistant vice president to managing director, surpassing an 8% target and up from 6% in 2018, when the firm first set the goal, according to Sara Wechter, head of human resources. Globally, the share of women in those roles increased to 40.6% from 37% in 2018.

“Clearly we achieved this set and we’re really proud of it, ...