Emirates NBD hosts summit on generative AI in finance

H.H. Sheikh Ahmed Bin Saeed Al Maktoum Chairman
H.H. Sheikh Ahmed Bin Saeed Al Maktoum Chairman
0Comments

Emirates NBD hosted the second edition of its GenAI Summit at the Ritz Carlton DIFC, bringing together global technology experts and industry leaders to discuss the impact of Generative AI (GenAI) on financial services. The event, held during Dubai AI Week, focused on GenAI’s role in enhancing customer experience, operational efficiency, risk management, and innovation.

Miguel Rio-Tinto, Group Chief Digital and Information Officer at Emirates NBD, stated: “We are proud to host our second annual Emirates NBD GenAI Summit, which highlights the growing importance of Generative AI and the immense possibilities it holds. As GenAI becomes increasingly embedded in Emirates NBD’s operations, we remain focused on further developing our infrastructure and forming strategic partnerships with leading hyperscalers to truly unlock the value of GenAI and stay at the forefront of this dynamic evolution.”

The summit included keynotes and panel discussions from Emirates NBD executives and global experts on responsible GenAI development and ethical considerations. It showcased how GenAI is integrated into the bank’s operations to inspire employees towards scalable use-cases.

Emirates NBD has invested significantly in GenAI technologies for customer service enhancement, employee support, and business operations improvement. These investments aim to deliver personalized services, better tools for employees, strengthened risk capabilities, and improved operational efficiency through automation.

Since 2024, several GenAI-powered solutions have been implemented across Emirates NBD’s operations under its AI governance framework. These include intelligent call assistants for staff, smart legal document summarization tools, and advanced capabilities for customer interactions.

Neeraj Makin, Group Head of Strategy, Analytics & Venture Capital at Emirates NBD commented: “We are thrilled to embark on this exciting journey as part of our ongoing organisation-wide transformation. Specifically, the integration of Generative AI into our traditional AI models represents a pivotal advancement for our organisation. By harnessing the power of GenAI, we are poised to revolutionize our decision-making processes and significantly enhance the performance of our AI models. Embedding Gen AI will lead to unlocking new levels of intelligence, agility and customer centricity which will help us drive unprecedented levels of efficiency and innovation positioning us at the forefront of our industry.”

The summit emphasized building a GenAI-driven culture within Emirates NBD by democratizing access to these technologies for all employees. The bank aims to continue investing in its AI ecosystem while expanding use cases to adapt swiftly to technological changes.



1 Comments
  • gratis binance-konto says:
    Your comment is awaiting moderation. This is a preview; your comment will be visible after it has been approved.
    I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
  • Related

    Mohammed Al-Jadaan Minister of Finance of Saudi Arabia Saudi Arabia's Ministry of Finance

    Ministry of Finance launches self-oversight program to enhance financial oversight efficiency

    The Ministry of Finance has launched a new Self-Oversight Program aimed at improving financial oversight within government entities. The initiative introduces specialized training tracks for internal controls and governance practices as part of broader reforms aligned with Saudi Vision 2030.

    H.E. Saad Sherida Al-Kaabi ​​Minister of State for Energy Affairs

    Golden Pass LNG achieves first production at Texas facility, QatarEnergy announces

    Golden Pass LNG has produced its first liquefied natural gas from its Texas facility—a major step toward full operations—according to an announcement by QatarEnergy on March 30. The joint venture with ExxonMobil is seen as part of broader international investments aimed at strengthening global energy security.

    Mohammed Al-Jadaan Minister of Finance of Saudi Arabia Saudi Arabia's Ministry of Finance

    Saudi finance minister discusses investment at FII Priority Summit in Miami

    Saudi Minister of Finance Mohammed Aljadaan attended the FII Priority Summit in Miami from March 25–27. He discussed how stability, resilience, long-term planning, and human capital make countries attractive for investment.

    Trending

    The Weekly Newsletter

    Sign-up for the Weekly Newsletter from Gulf News Journal.