HSBC CEO Georges Elhedery told staff not to fight AI as it could make them “more productive versions of themselves”. Elhedery said he wanted to make sure employees were “not fighting us, not disenfranchised, not anxious, overwhelmed, and resisting the change.” “We all know generative AI will destroy certain jobs and will create new jobs,”…
LONDON: HSBC has appointed David Rice as its first chief AI officer, the British bank said on Monday, as it seeks to cut costs and improve performance by increasing the use of generative AI technology across its businesses worldwide. HSBC CEO Georges Elhedery has highlighted AI as the key to the bank’s wider strategic goal…
HSBC has appointed David Rice as its first ever Chief AI Officer, the British bank said on Monday, as it seeks to cut costs by increasing the use of generative AI technology across its businesses …
HSBC has appointed its first head of AI to drive the adoption of the technology across the bank, as chief executive Georges Elhedery continues its sweeping restructuring. David Rice, currently chief operating officer for the bank’s corporate and institutional banking business, will become HSBC’s first chief AI officer in April. “Our customers increasingly expect their…
