Citigroup's new CEO is a banker. Imagine that.

Corbat, photographed in his office, is an incrementalist. "I'm not someone who throws myself out in front of things," he says.

(Fortune)

"I remember hearing kind of a gasp," says one of the attendees, Hans Morris, a former CFO of Citi's institutional and capital markets businesses. "He just won over the room."

Slowly and quietly, Michael Corbat is beginning to win over more than a room of alumni. Seven months into his tenure, Corbat, 53, is emerging as a fitting leader for a company trying to restore its tarnished reputation. He isn't flashy or nakedly ambitious. He's thoughtful rather than spontaneous. And he's an incrementalist, not a revolutionary, as we'll see from his strategy for Citi. "I'm not somebody who throws myself out in front of things," he says with a wry smile in a rare interview.

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