UNIVERSITY PARK, Pa. — More than 200,000 Penn State alumni and friends each year support the University with their philanthropy, and planning is now underway for the institution’s next major fundraising campaign. Andy Sieg, a 1989 graduate of the Smeal College of Business and head of wealth at Citigroup Inc., has been announced as the volunteer chair for the effort. In this role, Sieg will eventually lead more than 500 volunteers, representing colleges, campuses and other units across the University, as they work to inspire giving from the Penn State community.
“The support of our alumni, friends, fans and corporate partners has never been more important as Penn State pursues bold ambitions as a global land-grant institution that serves students, families and communities both close to home and around the world,” said Penn State President Neeli Bendapudi. “I am deeply grateful that Andy has stepped forward as our top volunteer leader for the coming campaign. His deep ties to Penn State, his passionate commitment to excellence and his invaluable expertise in the financial industry will set us on the path to success in what promises to be our most important and impactful fundraising effort to date.”
Sieg earned his bachelor’s degree in economics from Penn State, where he participated in the University Scholars honors program, and he went on to complete a master’s degree in public policy from the John F. Kennedy School of Government at Harvard University. His career has included time in the White House as an aide to the assistant to the president for economic and domestic policy. In 1992, he joined financial industry leader Merrill Lynch, where he advanced through senior strategy, and field leadership roles. From 2005 to 2009, he worked as a senior wealth management executive at Citi before returning to Merrill Lynch. He served that company as president of wealth management before assuming his current role at Citi.
At Penn State, Sieg has offered his time as a volunteer for the Smeal College and the Schreyer Honors College — the latter endowed by the late Merrill Lynch chairman emeritus and former CEO William A. Schreyer, Penn State class of 1948, a mentor to Sieg; and Joan Schreyer. His own philanthropy has supported those colleges and other areas across the University, including Four Diamonds and Intercollegiate Athletics. With his brother and fellow Penn State graduate, Douglas Sieg, he recently named the Phil and Judy Sieg Terrace at the new Palmer Museum of Art in honor of their late parents, who were also longtime philanthropic supporters and volunteers for the University. Phil Sieg served on the executive committee and the Schreyer Honors College committee in past Penn State campaigns, and he was a charter member of the Presidential Counselors. Both Phil and Judy were fundraising volunteers for the University Libraries.
“I am honored to be deepening and extending my family’s connection to Penn State through this new volunteer role,” said Sieg. “This campaign promises to be an exciting opportunity for Penn Staters to invest in an institution we love and ensure that it continues to represent excellence and access for many generations to come. The University has a bright future ahead, and we can all be a part of it through our service and support.”
Private support advances the University’s historic land-grant mission to serve and lead. Through philanthropy, alumni and friends are helping students to join the Penn State family and prepare for lifelong success; driving research, outreach and economic development that grow our shared strength and readiness for the future; and increasing the University’s impact for families, patients, and communities across the commonwealth and around the world. Learn more by visiting raise.psu.edu.