Citi is the cradle for cultivating financial talents in Taiwan, as well as a driving force for gender equality in the workplace. Citi Taiwan is committed to supporting the career development of female employees and executives. As of end of 2022, there is 65.8% female representation in Citi Taiwan’s Assistant Vice President to Managing Director population. The bank has reached another gender equality milestone this year – for the first time all five of Citi Taiwan’s institutional businesses are headed by women, demonstrating Citi’s longstanding commitment to the cultivation of female. These female heads are Christie Chang, President of Citibank Taiwan and Head of Banking, Capital Markets and Advisory (BCMA), as well as Chairman of Asia Pacific Corporate Banking; Michelle Yu, Head of Citi Commercial Bank; Esther Feng, Head of Markets; Vivien Cheng, Head of Treasury and Trade Solutions; and Hsiao-Chi Wang, Head of Securities Services.
Aftab Ahmed, Chairman of Citi Taiwan, said that Citi is committed to being a company that fully embraces diversity. At present, 65.8% of Citi Taiwan’s Assistant Vice President (AVP) to Managing Director positions are held by women, and 76.4% of those promoted to AVP or above are women.
Christie Chang, President of Citibank Taiwan, highlighted that Citi’s commitment to diversity, equity and inclusion (DEI) is at the core of who Citi is as a firm. The fact that
Citi Taiwan’s institutional businesses are all headed by women is a strong evidence of Citi’s long-standing culture of diversity and inclusion that allows each and every one of Citi’s talented employees to give their best in the workplace and provide the best service to Citi’s clients.
Echoing the theme of this year’s International Women’s Day, “#EmbraceEquity”, Citi Taiwan held a talk on “Women Who Crack the Glass Ceiling”, co-hosted by Michelle Yu, Head of Citi Commercial Bank, Vivian Cheng, Head of Treasury and Trade Solutions, and Chiung-Hui (CH) Huang, Country Human Resources Officer, Citi Taiwan. They shared how they have crossed the gender barriers in their careers and lives and are now in a position to make an impact, embrace equality and build a friendly work environment at Citi. The talk attracted more than 100 enthusiastic participants.
In the talk, one female employee asked about the difficulties in making decisions due to many considerations and wondering whether she could have done more or better. In response, Michelle Yu and Vivian Cheng agreed in one voice that women should follow their own schedule and trust that each decision is the best one at the moment. CH Huang also emphasized that Citi is always the strongest backup for female employees. For career development, Citi has been offering talent development programs specifically for female employees at different levels, such as Citi Women Leadership Development Program and Asia Pacific Sponsoring Diverse Leaders Program; for supporting employees’ life decisions, Citi provides 16 weeks of maternity leave, 4 weeks of leave for pregnancy checkups and paternity leave, and a special 4 weeks of adoption leave, which is significantly better than the Labor Standards Act in Taiwan, giving the greatest support to parents. Citi Taiwan has also formulated a policy that is friendly to the LGBT community. LGBT employees can also take wedding leave, pregnancy checkups and paternity leave or family care leave, which thoroughly implements equal rights in the workplace and embraces equality.
Aside from the talk, Citi Taiwan celebrates the International Women’s Day with 2 movie screenings, Everything Everywhere All at Once and TÁR, two movies that depict female characters. Citi also plans to set up message boards at office buildings to encourage employees to share their pledges to #EmbraceEquity, and hosts a talk on life and relationships after having a baby. Through the International Women’s Day celebration, Citi Taiwan continues to create a corporate culture that embraces equity and takes care employees’ need across life stages.
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