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Citibank Korea spearheads culture of gender-equality and work-life balance

Citibank Korea CEO Park Jin-hei / Courtesy of Citibank Korea
Citibank Korea CEO Park Jin-hei / Courtesy of Citibank Korea

Citibank Korea boasts an excellent corporate culture that puts an emphasis on gender equality and work-life balance. Currently, the Korea franchise of the global financial institution Citigroup has six female executive officers accounting for 46 percent of the total 13 executive directors, which gives the bank one of the highest gender ratios for executives in the local market.

Behind such an impressive gender equality practice is the bank's numerous internal programs and organizations, such as the Diversity Committee and the Women's Council that have been operating since 2006.

The Women's Council has been engaged in a variety of activities such as lectures and networking functions to support female workers and to reinforce their capabilities.

In January, Citibank Korea also became the first company in the nation to provide four weeks of paid paternity leave to an employee whose spouse gave birth, regardless of the number of children.

Work-life balance is another pillar of the firm's key goals. Back in 2017, the bank introduced the PC Off Plan, with the intention of ensuring employees maintain a good work-life balance as they must log off their PCs at 5:30 p.m. This program was expanded to all departments in 2019.

The bank has also expanded the applicability of the Flexible Work System, which had already been in place since 2007, in order to create an employee-friendly working environment and improve productivity. Any employee can apply for flex time or for remote work, only requiring approval from their department heads.

"We will continue to upgrade customer service by improving our organizational culture and systems and delivering internal innovation which will make our work process more efficient," said an official from Citibank Korea.


Citibank Korea CEO Park Jin-hei / Courtesy of Citibank Korea
Citibank Korea CEO Park Jin-hei / Courtesy of Citibank Korea

Citibank Korea boasts an excellent corporate culture that puts an emphasis on gender equality and work-life balance. Currently, the Korea franchise of the global financial institution Citigroup has six female executive officers accounting for 46 percent of the total 13 executive directors, which gives the bank one of the highest gender ratios for executives in the local market.

Behind such an impressive gender equality practice is the bank's numerous internal programs and organizations, such as the Diversity Committee and the Women's Council that have been operating since 2006.

The Women's Council has been engaged in a variety of activities such as lectures and networking functions to support female workers and to reinforce their capabilities.

In January, Citibank Korea also became the first company in the nation to provide four weeks of paid paternity leave to an employee whose spouse gave birth, regardless of the number of children.

Work-life balance is another pillar of the firm's key goals. Back in 2017, the bank introduced the PC Off Plan, with the intention of ensuring employees maintain a good work-life balance as they must log off their PCs at 5:30 p.m. This program was expanded to all departments in 2019.

The bank has also expanded the applicability of the Flexible Work System, which had already been in place since 2007, in order to create an employee-friendly working environment and improve productivity. Any employee can apply for flex time or for remote work, only requiring approval from their department heads.

"We will continue to upgrade customer service by improving our organizational culture and systems and delivering internal innovation which will make our work process more efficient," said an official from Citibank Korea.




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