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Diversity Key As Citigroup Battles Against Tech Giants

Updated: May 21, 2020

Karen Jorritsma, director in equity sales at Citi Australia, with Citi summer interns Boyang Jiang and Alice Crammond. Picture: Hollie Adams

Citigroup investment and corporate banking chief Tony Osmond says the sector must lift its game to attract and retain women and diverse ethnicities as it attempts to better reflect more varied company boards and fend off the allure of technology giants.

Investment banks and the finance sector more broadly are fighting harder to win over university students as companies like Google and Tesla sharpen their pitch for the best and brightest interns and graduates.

Osmond says diversity is a big focus at Citigroup given the volumes of research that it improves a comp