Citibank Korea funds 298 million krw to nurture next-generation of financial talent

SEOUL--(뉴스와이어)--Citibank Korea (CEO Yung-Ku Ha, www.citibank.co.kr) and Korea Institute of Finance (President Kim Tae-Joon, www.kif.re.kr) had a signing ceremony on financial talent development program and pledged 298 million won (USD 264,000) at 2pm, March 10, 2011, at Da-dong HQ Bldg. of Citibank Korea. Since 2008, this program has been funded by Citi Foundation, hosted by KIF, and sponsored by the Financial Supervisory Service with an aim to nurture next generation of financial leaders who will contribute to competitiveness of local financial industry as well as build a sustainable pipeline of financial experts. KIF has been with this initiative since 2009, following KAIST Graduate School of Finance that worked together in 2008.

This year, students from around 150 universities and colleges nationwide are invited to finance book review/case competition that lasts from March to May, and 150 outstanding works will be entitled to scholarships. These recipients are also given opportunities to participate in mentoring program and career development lectures provided by CKI executives/employees, KIF researchers, professors from KAIST Graduate School of Finance, and FSS officials and join CSR activities. Outstanding students can even enjoy internship opportunities.

CEO Ha mentioned, “Through this contest, we expect students aspiring to be financial experts to show their passion, creativity and hidden talents.”

President Kim said, “I believe this program will contribute significantly to nurturing next generations of leaders who will take our financial industry to its next level.”

The 2011 program detail is as below:

2011 Undergraduate Finance Case Competition

- Eligibility: 150 teams from universities and colleges (Estimate)
- Scholarship: Undergraduate: Finance Book Review /Case Competition (1 million krw/case)
- Case of Excellence: Undergraduate: 1 Winner team (5 million krw), 2 first runner-ups (3.5 million krw), and 3 second runner-ups (2 million krw)
- Additional benefits: Mentoring Program, Financial Lecture by Expert Group
- CSR Program with Scholarship recipients

한국씨티은행 개요
씨티은행은 1967년 최초로 한국에 진출한 이래 45년 동안 선진 금융 서비스를 국내 고객에게 제공해 왔으며, 2008년 글로벌 금융위기 때 8억불을 증자해 국내 외환시장 안정에 기여했고, 1970년대 석유 파동시 2억불 차관 제공으로 한국의 무역수지 개선에 기여한 공로로 수교훈장 ‘숭례장’을, 1997년 외환위기 당시 240억불 대외 부채 상환 연장에 기여한 공로로 수교훈장 ‘흥인장’을 받는 등 한국 경제가 어려움에 처할 때에 곁에서 힘이 돼 준 친구 같은 은행이다.

웹사이트: http://www.citibank.co.kr

연락처

Oh, Young-Ran, Communications Dept., Citibank Korea 02) 3455-2336
Song Jae-Man, Researcher, Korea Institute of Finance 02) 3705 6378