@ PRAMIT - CEO, CITI INDIA

Pramit Jhaveri

Friday, March 09, 2018

#PressforProgress

International Women’s Day (IWD) at Citi is being celebrated all week. For us, it is a time to reflect on how we can work better together as an organization that spans 98 countries with more than 200,000 employees. It is also an opportunity to recognize the importance of being inclusive and the progress we are making as a team with one goal: to be the best for our clients. At the end of the day, it isn’t just the breadth of our geographic presence that benefits our clients, but our ability to demonstrate diversity in thought and action, resulting in innovation and excellence to support their goals and aspirations. This is our unique value proposition.

The importance of gender equality cannot be overstated. However it is important to understand that diversity must also encompass other aspects such as culture, generation, race, religion, sexual orientation, and gender identity or expression. At Citi, we strive to treat all employees fairly and with respect, and hold them accountable for maintaining our standards of excellence.

Diverse organisations can also play a role in the development of future talent. For example, we just concluded our 8th annual Citi Woman Leadership Awards program, which recognizes future women leaders at top technical and business schools. Over the years, we have received more than 6,000 applications and awarded around 50 candidates tuition fee scholarships at their respective institutions, as well as pre-placement interview opportunities with us. We also held our Citi Campus Innovation Challenge. This competition, which runs across several educational institutions, invites students to innovate and present solutions in banking and financial services. We have been delighted to receive hundreds of exciting ideas over the last four years.

Unfortunately, India ranks 108 out of 144 in the Global Gender Gap Index and just 28.5% of women participate in the labor workforce1. Can you imagine the possibilities for our country were this number to increase by a few percentage points every year?

IWD serves as a time to celebrate and thank all the women in our lives. It is also a day to think about the positive accomplishments made possible as a result of an accepting environment in today’s world. Please join me in our celebration of IWD 2018’s theme: #PressforProgress.

1World Economic Forum's 'The Global Gender Gap Report 2017'