Citi Philippines inaugurates new corporate headquarters

(L-R) Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr., Citi Asia Pacific CEO Francisco Aristeguieta, US Ambassador to the Philippines Sung Kim, Taguig City Mayor Lani Cayetano and Citi Country Officer for the Philippines Aftab Ahmed.

Citi Philippines recently celebrated the inauguration of Citi Plaza, the bank’s new corporate headquarters located in Bonifacio Global City.

The opening of Citi Plaza was officiated by the Governor of Bangko Sentral ng Pilipinas, Nestor Espenilla Jr.; US Ambassador to the Philippines Sung Kim; Taguig City Mayor Lani Cayetano; Citi Asia Pacific CEO, Francisco Aristeguieta; and Citi Country Officer for the Philippines, Aftab Ahmed.

“Citi Plaza underlines the importance of the Philippines to Citi.  Since 1902 Citi Philippines has been serving as the trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Today’s opening builds on that legacy and affirms our confidence in the future economic development of the Philippines and providing the best possible work environment for our employees to serve our clients with distinction.” said Francisco.

Approximately 6,500 of the bank’s 7,700 employees will be based in the 24-storey office building which was designed according to our new Citi Works standards.  Citi Works is intended to create work environments that leverage technology for flexibility, collaboration and increased engagement amongst employees.

The new headquarters is also home to Citi Philippines’ Country Management team and the Institutional Clients Group.  The bank’s Citi Service Center in Philippines which comprises of the Regional Operating Headquarters and Citigroup Business Process Solutions are also based in the building.

“The consolidation of groups from four sites across Manila into a single building gives us the opportunity to create an efficient and flexible workplace. Using Citi Works, employees have the flexibility to leverage a variety of workstations and collaborative spaces and using digital solutions.  The new site provides for increased connectivity throughout the premises.” said Aftab.

“Citi Plaza represents a major commitment that we have made in the Philippines. We have built a strong local business here that has gone from strength to strength over the years.   With the increasing demand of processing and service requirements being handled by the Philippine Service Center across 90 countries, Citi Philippines has become an important location for Citi in its global network.” Aftab added.

On the back of a shift towards sustainable, targeted and self-funded investments to drive growth across markets in the region, including Manila, Citi in Asia Pacific recently recorded its fifth consecutive quarter of growth. The region, which is core to Citi’s growth, is the largest region for Citi outside of North America.