As required by the New York Stock Exchange (NYSE), at least two-thirds of the members of Citi's Board of Directors are independent directors.
At the end of 2010, there were six standing board committees: Audit; Risk Management and Finance; Citi Holdings Oversight; Personnel and Compensation; Nomination and Governance; and Public Affairs.
A written charter for each committee outlines the mission, membership qualifications and duties for committee members.
Our key stakeholders are investors, employees, customers, suppliers, members of our communities, regulators, non-governmental organizations (NGOs), elected officials and the media.
"Citi should describe its process to identify and manage emerging issues, as well as identify some of the issues that are under consideration. This will demonstrate to stakeholders that their concerns are being considered by the company."
— Ceres Stakeholder Panel
We engage regularly with both individual stakeholders and institutions to share information, listen to ideas and concerns, conduct open and transparent communication, and, where possible, refine our policies and practices. We conduct regular town hall meetings and annual surveys of employees, and hold frequent meetings and discussions with our external stakeholders.
Read about recent examples of stakeholder engagement.
