Over 2 in 5 Citi Asia women bankers in senior roles
In Taiwan, 60% of its female employees are AVPs and MDs, according to Citi.
Citi Asia revealed that over two in five or 41.5% of its female employees in the region are in roles from Assistant Vice President (AVP) to Managing Director.
In 2021 alone, Citi has promoted 18 women to managing directors in the region—the most in its history, the bank said in a media note.
Markets where Citi has the highest concentration of females from AVP to MD include Taiwan (60% of female employees), ASEAN (48.6%), Mainland China (50%), and Hong Kong (46%).
Citi has over 60,000 employees in the region meaning over the last couple of years Citi has moved or hired hundreds of female employees into the AVP to MD bracket, according to a Citi spokesperson.
This progress has reportedly been supported by a combination of retaining and developing more female development, including a more flexible return to work programmes post maternity as part of Citi’s Maternity Matters programme.
The bank also launched early ID programmes to mentor young female talent and ensure more mid-career females will stay at Citi, a spokesman said.