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FinanceCitigroup

Citigroup Has an On-call Ethicist to Help It Solve Moral Issues

Alana Abramson
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Alana Abramson
Alana Abramson
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Alana Abramson
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Alana Abramson
Alana Abramson
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March 17, 2017, 1:02 PM ET
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It turns out that Citigroup has an on-call ethicist to handle issues around the intersection of banking, finance, and morality.

The bank has worked with Princeton University Professor David Miller for the past three years, according to the Wall Street Journal. His role includes providing advice to top executives and reviewing topics and projects they have concerns about.

Miller was brought on, according to the Journal, by Citigroup CEO Michael Corbat, who felt the role was necessary after learning about employees’ hesitations to voice concerns about wrongdoings, and public perceptions of banks.

The Journal reported in February that the Citigroup is under investigation for the possibility of giving preferential treatment to foreigners.

Miller is no stranger to finance and the complexities of banking. He is currently the director of the Princeton University Faith and Work initiative, according to his biography on Princeton’s website, but spent 16 years in the business world before changing direction and receiving a Masters in Divinity and a Ph.D in social ethics.

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