Yoomyeong, Citibank President, "Low Birthrate, Companies Must Also Take Responsible Roles"

Participation in the Financial Sector Relay Challenge to Overcome the Low Birthrate Crisis

Yoo Myung-soon, President of Citibank Korea, announced on the 20th that she will participate in the ‘Financial Sector Relay Challenge to Overcome the Low Birthrate Crisis.’ This challenge is a campaign aimed at spreading a family-friendly corporate culture and creating a positive social atmosphere regarding childbirth and childcare.

President Yoo stated, “Solving the low birthrate issue is an important task that the entire society must consider together, and companies must also play a responsible role. Citibank Korea has continuously worked to establish and stabilize a working environment where employees can harmoniously balance work and family, beyond simply expanding welfare benefits. We will continue to develop a flexible and efficient work culture to create an environment where employees can stably maintain a balance between work and family.”

Citibank has operated various work systems such as telecommuting, flexible working hours, and reduced working hours for employees who need family care during pregnancy and childcare periods. To support childbirth and childcare, they have also provided parental leave and spouse childbirth leave. Practical support has been expanded through child scholarships, kindergarten tuition support, and living allowances for children with disabilities. Psychological counseling as well as legal and financial consultation services are also available to employees and their families.

This content was produced with the assistance of AI translation services.