In this episode of Boss Files, I like straight talking. I think transparency is important and authenticity

is important and I never love corporate speak. So I think it's important just to say how things are.

Jane Frazier, she's the CEO of Citigroup Latin America and the woman who helped rebuild city's reputation

following the financial crisis while she was running city mortgage.

She's among the top-ranking women on Wall Street, and some are eyeing her for the top

post at City one day.

I look forward to seeing a woman being the first CEO of a Wall Street firm, whoever that may be.

I never had the ambition to be the CEO of city or of any other organization.

Things can change over time, but at the moment, I've still got a lot to learn.

Plus, how she got promoted while she was on maternity leave

and why her husband pulled back from his career to focus on their children, the judgment he faced

from others as a result. Also, the leadership lesson she learned from her then 11-year-old son.

I sat down with Jane Frazier at Fortune's Most Powerful Women's Summit. Jane Frazier, it is so nice to have you here. Thank you for being here. Oh, I'm thrilled. A real pleasure. It's been a few years since we last sat down in New York, and you had a completely different job. Now, you have moved to Miami, you're loving the sun, and you're running a huge part of the bank.

I mean, all of Latin America.

What's it like?

I have to say, it's a new learning experience.

It's not intuitively obvious to have a woman from Scotland running Latin America for an American bank.

You don't say.

My husband's Cuban, and I learned Spanish on a trading floor in Madrid, you know, in the

middle ages, 30 years ago.

So it's been dusting off the Spanish.

It's been, you know, re-learning a lot about Latin America again.

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