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Walter Siouffi, General Manager for Citibank in Lebanon, said:
Dr. Peter Dorman, President of AUB, said: "We are grateful for Citi's many years of support for one of our highest priorities at AUB - increasing the funds available for financial aid so that we can provide academically qualified students with the assistance they need. Many of our students have also benefited from the opportunity to hear from senior Citi personnel who have shared their thoughts and insights on global banking."
Last year senior officers from Citibank once again delivered an accredited course entitled "Risk in Commercial Banking" to graduate students at the school of business. Initially launched in 2002, this course brings students together with senior officers from Citi's international network, providing financial training through focused, practical coursework stemming from the organization's case studies. In addition to on-campus training, Citi invites summer interns from the AUB, along with other universities, to gain on-the-job exposure to banking.
Citi's presence in Lebanon dates back to the 1950s. Since re-establishing its fully licensed branch in Beirut over twelve years ago, the Bank has evolved into an active corporate citizen, with a particular interest in supporting financial literacy and education.
Recently, Citi and the Citi Foundation announced a ten-year, $200m global financial education commitment, the formation of a new Office of Financial Education and a global initiative designed to encourage its 300,000 employees around the world to devote time to support financial education and other charitable causes. Under the new initiative, employees may take a day off from work to volunteer for non-profit organizations in their communities.
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Posted by Nadeen El Ajou
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