Citi’s e-for-Education Campaign Raises $10 Million
Posted by Colin Lambert. Last updated: November 21, 2022
Citi has announced that it will donate over $10 million in support of education-focused non-profit organisations as part of its 2022 e for education campaign, the highest annual amount since the initiative was launched in 2013.
The campaign is set to donate over $66 million in aggregate since its inception in Citi’s FX business nearly a decade ago, and has helped non-profit organisations support over one million young people, the bank says.
Citi Markets donates a percentage of business proceeds traded electronically during the eight-week campaign from September to October. The education-focused non-profit organisations selected by Citi tackle childhood illiteracy and improve access to quality education.
“As we reach a key milestone in this campaign, we wholeheartedly support our non-profit partners’ efforts to help young people unleash their talent through the power of education. Their dedication is truly an inspiration to us all,” says Stuart Staley, global head of CitiFX.
Malala Yousafzai, co-founder and board chair of Malala Fund, adds, “Our team at Malala Fund is so grateful to have partners like Citi that see the power of girls, invest in their education and remain committed year after year through the e for education campaign to building a more equal future for us all. With Citi’s support, Malala Fund has reached millions of students through our girls’ education projects and I look forward to seeing the world those young women will create.”