Select students from the University of Miami of Business Administration will act as technology mentors to 15 Citigroup (NYSE: C) executives.
Citi designed the so-called reverse mentoring program for its executives working in its Latin American office.
A student will be paired with a Citi employee for six months, beginning in October, to focus on: mobile payment and mobile wallet trends, communicating with millennial customers, social media banking, the firms digital retail business and other topics. Their meetings will occur in person and virtually.
"Reverse mentoring is a very innovative practice, especially in the banking industry," said Alvaro Marquez, human resources head for Citi Latin America, in a press release. "We believe in the valuable contribution that young students can offer through their fresh perspective and we expect to take advantage of that to fine-tune our digital strategy for the next ten or fifteen years."