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Industry: Financial Services
Main Competitors: Bank of America, Goldman Sachs, Wachovia, Wells Fargo
U.S. Headquarters: New York, N.Y.
Number of U.S. Employees: 160,000
Annual Revenue: $81.7 billion
% of Operations Outside U.S.: 50 |
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| Citigroup |
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Why It's on the Top 50: Despite industry turbulence, Citigroup, which has been on the Top 50 for the past five years, remains committed to diversity.
Diversity Strengths: Thirty-four percent of its U.S. managers were Black, Asian, Latino or Native American, compared with a 25 percent average for the Top 50. Twenty-two percent of its senior managers also were Black, Asian, Latino or Native American, compared with a 14 percent average for the Top 50.
Citigroup has a strong commitment to its LGBT employees and has excellent work/life programs, including floating religious holidays and lactation programs.
The company has a strong mentoring program, with 61 percent of managers participating last year. The program includes training, formal follow-up and mentor meetings more than once a quarter.
Globally, values are extremely important. Citi published its Statement on Human Rights in January 2007 to communicate its values to all employees worldwide and in every country where it does business.
Vikram S. Pandit, CEO: "Driving for diversity of talent and thinking by our employees gives us better alignment with our diverse set of stakeholders and clients. All benefit as our business is attuned to developing and delivering innovative products and services relevant to our ever-changing global and very diverse marketplace."
Ana Duarte McCarthy, Chief Diversity Officer: "We have created and continuously foster multiple diversity forums, including more than 90 employee networks and women's councils globally to drive our strategy. Citi benefits from the active engagement of employees and executives in meaningful dialogues on issues important both to our organization and our clients. Our annual employee survey provides feedback to keep us on track."
More DiversityInc Articles on Citigroup:
Leadership: Citigroup's Anuradha T. Jayanti
The Best 4 Ways to Recruit Employees With Disabilities
Workplace Diversity: How Do Companies Handle It Abroad?
How Corporate Philanthropy Changed After Sept. 11
Corporate America Leads the Way Toward GLBT Equality | |
