Media Release - 15 June 2012
Citi Volunteers Commemorate Company's 200th Anniversary on Annual Global Community Day
Citi Australia raises more than $65,000 for kids in need
Sydney, 15 June 2012 - Citi will highlight its ongoing and long-standing commitment to helping communities by marking its 200th anniversary on Saturday, June 16 with its seventh annual Global Community Day. In 92 countries around the world, 100,000 Citi volunteers - the largest number of participants ever - will gather in the days leading up to and including Global Community Day to participate in 1,300 service projects that will benefit local communities.
In Australia, Global Community Day will mark the conclusion of its Citi 200 Kids Campaign, a series of fundraising activities organised by staff to raise $200 for 200 children in need.
Some 2,000 Citi Australia employees have taken part in fundraising activities which have ranged from a 13 kilometre walkathon around the Sydney CBD to an old-fashioned meat raffle on the trading room floor. Together, they have raised more than $65,000 for community partner, The Smith Family.
Today, teams will host a morning or afternoon tea to commemorate Global Community Day, mark the end of the Citi 200 Kids Campaign and celebrate its success.
Stephen Roberts, Citi Australia's Chief Country Officer, said, "It is fitting that in our 200th year we should come together as an organisation to benefit the local community and demonstrate our commitment to working towards a shared purpose. Our Citi 200 Kids Campaign is an excellent example of what we can achieve as a group, and we are proud of our contribution to Citi's global efforts."
Global Community Day serves as an annual opportunity for Citi employees, alumni, family and friends around the world to gather as one to demonstrate a shared commitment to its communities -- a commitment that is carried out year-round by many employees who regularly volunteer their time. This shared commitment has been embodied in Citi employees since the company was established in 1812. It's that spirit of Common Purpose that Citi proudly celebrates on its 200th anniversary.
"For two centuries, Citi colleagues have worked to enable economic progress and support our clients on their journey from ambition to achievement," said Citi CEO Vikram Pandit. "There is no better way to celebrate our 200th anniversary than by honoring our history, embracing the future, and working together to strengthen the communities where we live and work."
Citi volunteers throughout Asia Pacific, Europe, the Middle East, Africa, Latin America, and North America will lend their time, skills and expertise to concentrate on local community needs, including financial inclusion, college and career mentoring, neighborhood revitalization, housing, disaster relief and environmental protection. Throughout the world, anyone interested in staying up-to-date on the latest Global Community Day news and events can follow #200YearsCiti on Twitter. Highlights of Citi's volunteer projects around the world include:
Maintaining its place at the top of the annual volunteer leaderboard, Asia Pacific will again have the largest turnout of volunteers across Citi's regions. In Australia, more than 2,000 volunteers have participated in a range of fundraising activities designed to raise $200 for 200 disadvantaged children. Approximately 2,000 volunteers in China will participate in a walkathon to raise funds to improve the nutrition of more than 3,400 children from some of China's most impoverished communities. Under the theme of 'Green Citi, Clean City,' South Korea's 50 activities will involve 4,000 volunteers in environmental protection efforts in botanical gardens and eco parks. In Thailand, 2,000 volunteers will support those affected by the floods in 2011 by fundraising to help five damaged schools and 200 underprivileged students.
Europe, Middle East and Africa
In Spain, close to 100 people ranging from 4 to 99 years old are taking part in a fundraising event called the Citi Mini Olympics. More than 1,000 volunteers in Pakistan will take part in the Citi 200 Community Carnival benefiting patients of a local cancer hospital. In Kenya, volunteers in Nairobi will partner with Habitat for Humanity's Maai Mahiu Internally Displaced Persons project at Naivasha, which seeks to provide decent, durable and permanent houses. Citi Nigeria volunteers in Lagos will be working at the National Museum to restore storage rooms for Nigeria's historical artifacts.
Latin America and Mexico
In Guatemala, more than 2,000 volunteers will be working on various neighborhood revitalization projects including repairing playgrounds, schools and sidewalks, painting murals, planting trees and installing streetlamps built with recycled materials. In Argentina, 1,600 volunteers will work with local schools, hospices, and homes in 18 cities across the country and hold a Sustainability Fair to benefit local non-profit partners. 1,300 Citi volunteers in Panama will remodel classrooms in the capital and clean up beaches to celebrate World Oceans Day. In Mexico, more than 5,000 volunteers across 62 cities, including Mexico City, will come together to plant nearly 25,000 trees and improve green areas in the local communities.
Across the New York tri state area more than 4,500 employees will be engaged in various community projects, including teaching financial skills with Junior Achievement, revitalizing Hudson River Park, cleaning city beaches, preparing disaster cleanup kits with the American Red Cross, preparing summer camps for underprivileged children, building bicycles for children of military families, and restoring historic landmarks. Citi volunteers in Los Angeles and Fresno will utilize their skills to provide financial literacy classes at Financial Family Days. In Tucson, employees are involved in various community development projects and will assemble care packages for families of military service members. In St. Louis, under the banner of "200 Acts of Kindness", more than 600 volunteers will reach out into the local community and volunteer their services to various causes including literacy, food distribution and revitalizing community spaces. Across Canada from British Columbia to Montreal, more than 500 Citi volunteers will work to provide food to the hungry, shelter to the homeless and green public parks.
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Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
In Australia, Citi serves over 1 million customer accounts and 900 corporate accounts. It has the most comprehensive offering and largest global reach of any bank with operations in Australia.
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