Citi’s “e for Education” Campaign Raises $9.6 Million
Posted by Colin Lambert. Last updated: November 19, 2021
Citi’s ninth annual “e for Education” campaign, which saw the bank’s FX, commodities and Rates businesses contribute a percentage for certain volume traded electronically by their clients, raised $9.6 million, a slight increase on the $9.4 million in 2020. This increases the total raised by the bank to over $56 million.
“Once again, we are making a meaningful impact to inspire hope and the opportunity to empower young people around the world,” says Carey Lathrop, co-head of markets at Citi. “We are proud of the success of this campaign and thank our clients and non-profit partners in helping change the lives of society’s next generation.”
This year, Citi expanded the number of non-profits with three additional partners, Asian University for Women, Ditch the Label and Pencils of Promise, bringing the total of non-profit organisations supported by the campaign to 13.
“e for education continues to grow every year and the impact this year has been greater than ever,” says Itay Tuchman, global head of FX at Citi. “The financial support we are proud to provide combined with the engagement between our clients, staff and non-profit partners will help ensure that students around the world will be provided the opportunities to achieve at the highest level.”
Through various initiatives, thousands of students have been supported by the campaign globally. This includes a virtual career symposium, coaching and mentoring sessions and sponsorship of the Teach First Run your River Race.
“Citi’s e for education is one of the most innovative campaigns of its kind,” says Heather Halstead, executive director at Reach the World. “The campaign truly engages every component of the Citi global ecosystem, bringing inspirational mentors from around the world into direct contact with Reach the World students and teachers – most of whom have never had the opportunity to connect to global networks like this. Thank you, Citi e for education, for all that you do.”
Brett Peiser, CEO, Uncommon Schools, adds, “Accelerating learning and supporting Uncommon Schools students’ well-being is more urgent than ever. The Citi e for education Campaign helps ensure we have the flexibility to pivot and innovate to close COVID-related learning gaps for our 21,000 students, many of whose communities are among the hardest-hit by the pandemic. We’re grateful for our partners at Citi for standing with us in this work.”