Citi Singapore marks International Women’s Day

Funds raised after a week of activities that reached out to almost 10,000 Citi staff

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Singapore – Citi celebrated International Women's Day (IWD) in a big way this week. Over 190 events took place in 125 cities across 87 countries globally to mark the contributions and achievements of female colleagues and clients, and support the empowerment of women in the community.

To commemorate IWD 2013 in Singapore, Citi staff raised S$113,376 through a host of activities. All proceeds go to the Tsao Foundation, a not-for-profit organisation dedicated to enhancing the lives of older people through community health, social services, training, education, and advocacy through policy and research. One of the successful programmes under Tsao Foundation is the Citi-Tsao Foundation Financial Education Programme for Mature Women that aims to equip low-income women with the essential financial knowledge and skills in planning for their silver years. Through Citi Foundation and other fund raising efforts, Citi has contributed over S$1.87 million to the Tsao Foundation over the past six years, excluding this outreach.

The various IWD related activities in Singapore, which reached out to the almost 10,000 Citi staff, were aimed at creating greater awareness and opportunities for career advancement of women in the workplace. One of the key activities were a series of panel discussions by senior management with Citi staff on how women can achieve their career aspirations and find a balance between work and family at the same time.

The events also reached out to Citi's women clients and engaged them over a dialogue with a distinguished panel of four women who shared their insights and perspectives on gender diversity in the workplace, and ways to change and create more opportunities for women. The session was moderated by Nominated Member of Parliament, Mr Nicholas Fang and the panelists included Professor Chan Heng Chee, Singapore's former Ambassador to the USA; Ms. Ethel Fong-Chalopin, a fashion model who now helps to run StoryPlus, the foundation she and her husband started 10 years ago to help improve literacy and support education among underprivileged children; Ms. Cordelia Chung, the head of IBM's business in ASEAN; and Ms. Penny Burtt, a former diplomat who is now McKinsey & Company's lead on diversity issues.

The week of activities culminated with a charity fitness work-out on 8 March. The session saw Citi male and female employees from Asia Square, Changi Business Park and Capital Square swaying, boxing, kicking and sweating for a good cause at "The Cube", a 100,000 square feet, all weather covered landscaped plaza, located at Asia Square. The sessions, led by Pure Group, provided a platform for co-workers to bond while working out to support a meaningful cause.

Commenting on Citi's celebrations in Singapore, Mr. Michael Zink, Head of ASEAN and Citi Country Officer for Singapore said, "At Citi, gender diversity is a core value, a source of strength and a key competitive advantage. Diversity is critical to an organisation that values people who can offer different perspectives to problems that would otherwise go unnoticed, or unsolved. A diverse workforce understands clients better and is able to deliver more creative and innovative solutions. Our strong commitment to diversity continues, as we make progress toward achieving our company goals to be the employer of choice, service provider of choice and business partner of choice."