Citi to Participate in the Economist’s Upcoming Ideas Economy: Intelligent Infrastructure Event

Conference To Focus On Global Infrastructure Challenges And Innovative Solutions

New York, NY - February 16, 2011 – Citi announced today that several of its top mobile digital money and payments experts would participate in the Economist’s upcoming Ideas Economy: Intelligent Infrastructure event. The conference, which will be held in New York City at Pace University on February 16-17, will focus on global challenges and innovative solutions necessary for building intelligent infrastructure.

The Citi experts will participate in the Evolution of Money panel February 17 at 4:30 p.m. It will be moderated by technology and innovation expert, Irving Wladawsky-Berger, who is a strategic advisor to Citi.

Gary Greenwald, Chief Innovation Officer of Citi’s Global Transaction Services, Dickson Chu, Citi’s Global Head of New Product Development & Alliances, and Frank Eliason, Citibank’s Senior Vice President of Social Media, known as a global leader in customer service, will give their perspectives on how the evolving digital payments landscape is impacting corporations, consumers and governments.

"Citi is working to become the World’s Digital Bank," said Greenwald. "We’re empowering individuals and institutions around the globe to improve their financial lives and realize their goals in smart, secure, intuitive, and relevant ways, using any device -- anytime, anywhere. Our interactive workshop will take a look at where the rubber meets the road," said Greenwald.

"The world is seeing a great transformation to digital payments, which leverages the major uptake of mobile phones all over the world. Helping people around the world participate in this emerging digital mobile economy is one of Citi’s key objectives," says Chu.

Greenwald and Chu will have just returned from the Mobile World Congress in Barcelona and will offer their unique and timely perspective.

The workshop will focus on how individuals and businesses are addressing the myriad challenges and opportunities created by evolving mobile digital payment methods. It will also discuss how Citi and its clients are engaging in specific aspects of digital money.

Over the next several decades, the world will spend $30 trillion on infrastructure. Intelligent Infrastructure will explore how green architecture, geo-engineering, smart systems, and connectivity will allow countries and governments to create a smarter and stronger infrastructure. It will also focus on how cutting-edge development in this area can leverage the speed and vitality of private markets while at the same time including smarter government regulation.

The event is sponsored by CA and Halcrow, with supporting sponsorship from GM. InnoCentive is the Challlenge Partner for the Ideas Economy series. The host sponsor of the event is Pace University.

For more information on the program, speakers, or to register for the event, please go to http://ideas.economist.com/.

This event is open to press. For media registration, please contact Amy Jaick at amyjaick@economist.com or 212-641-9834.

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About Citi
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.

About The Economist
Edited in London since 1843, The Economist is a weekly international news and business publication offering clear reporting, commentary and analysis on world politics, business, finance, science, technology, culture, society, media and the arts. The Economist has a North American circulation of more than 800,000, a global circulation of more than 1.4 million and more than 4 million monthly unique visitors at The Economist online. Because of its international editorial perspective, it is read by more of the world’s political and business leaders than any other magazine.