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BMO Appoints Chief Artificial Intelligence and Data Officer

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BMO has appointed Kristin Milchanowski as its new Chief Artificial Intelligence and Data Officer, effective October 15, 2024. Kristin will lead BMO's strategies in AI, data, analytics, and robotics, focusing on optimizing business value and enhancing data management across the organization. With over 20 years of experience, primarily in the financial sector, Kristin joins BMO from EY, where she was a Global Innovation Partner / Principal specializing in AI and advanced technologies.

This appointment aligns with BMO's significant investments in AI, including recent recognitions for AI innovation and partnerships with organizations like the Vector Institute, Creative Destruction Lab, and NEXT AI. These collaborations aim to advance AI-enabled solutions, support the AI ecosystem, and foster growth in AI and data science businesses.

BMO ha nominato Kristin Milchanowski come nuovo Chief Artificial Intelligence and Data Officer, a partire dal 15 ottobre 2024. Kristin guiderà le strategie di BMO in AI, dati, analisi e robotica, concentrandosi sull'ottimizzazione del valore aziendale e sul miglioramento della gestione dei dati all'interno dell'organizzazione. Con oltre 20 anni di esperienza, principalmente nel settore finanziario, Kristin arriva a BMO da EY, dove era un Partner Globale per l'Innovazione / Principal specializzata in AI e tecnologie avanzate.

Questa nomina si allinea con i significativi investimenti di BMO nell'AI, comprese le recenti riconoscenze per l'innovazione nell'AI e le partnership con organizzazioni come Vector Institute, Creative Destruction Lab e NEXT AI. Queste collaborazioni mirano a promuovere soluzioni abilitate dall'AI, supportare l'ecosistema AI e favorire la crescita nelle aziende di scienza dei dati e AI.

BMO ha nombrado a Kristin Milchanowski como su nueva Directora de Inteligencia Artificial y Datos, a partir del 15 de octubre de 2024. Kristin liderará las estrategias de BMO en IA, datos, analítica y robótica, enfocándose en optimizar el valor empresarial y mejorar la gestión de datos en toda la organización. Con más de 20 años de experiencia, principalmente en el sector financiero, Kristin se une a BMO desde EY, donde fue Socia Global de Innovación / Principal especializada en IA y tecnologías avanzadas.

Este nombramiento se alinea con las importantes inversiones de BMO en IA, incluidas las recientes reconocimientos por la innovación en IA y asociaciones con organizaciones como Vector Institute, Creative Destruction Lab y NEXT AI. Estas colaboraciones tienen como objetivo avanzar en soluciones habilitadas por IA, apoyar el ecosistema de IA y fomentar el crecimiento en las empresas de ciencia de datos e IA.

BMO는 크리스틴 밀차노우스키를 새로운 최고 인공지능 및 데이터 책임자로 임명하였으며, 임기는 2024년 10월 15일부터 시작됩니다. 크리스틴은 AI, 데이터, 분석 및 로봇 공학 분야에서 BMO의 전략을 이끌어 나가며, 비즈니스 가치를 최적화하고 조직 전체의 데이터 관리를 향상시키는 데 중점을 두고 있습니다. 20년 이상의 경험을 가지고 주로 금융 분야에서 일해온 크리스틴은 AI와 첨단 기술 전문 분야의 글로벌 혁신 파트너 / 프린incipal로서 EY에서 BMO로 합류하게 되었습니다.

이번 임명은 AI 혁신에 대한 최근 인정을 포함하여 Vector Institute, Creative Destruction Lab 및 NEXT AI와 같은 조직과의 파트너십을 포함한 BMO의 상당한 AI 투자와 일치합니다. 이러한 협력은 AI를 활용한 솔루션을 발전시키고, AI 생태계를 지원하며, 데이터 과학 및 AI 기업의 성장을 촉진하는 것을 목표로 하고 있습니다.

BMO a nommé Kristin Milchanowski au poste de Directrice de l'Intelligence Artificielle et des Données, avec effet au 15 octobre 2024. Kristin dirigera les stratégies de BMO en matière de IA, de données, d'analyse et de robotique, en se concentrant sur l'optimisation de la valeur commerciale et l'amélioration de la gestion des données au sein de l'organisation. Forte de plus de 20 ans d'expérience, principalement dans le secteur financier, Kristin rejoint BMO en provenance de EY, où elle était Associée mondiale en innovation / Principal spécialisée en IA et technologies avancées.

Cette nomination s'inscrit dans le cadre des investissements significatifs de BMO dans l'IA, y compris les récentes reconnaissances en matière d'innovation IA et les partenariats avec des organisations telles que le Vector Institute, Creative Destruction Lab et NEXT AI. Ces collaborations visent à faire progresser les solutions basées sur l'IA, à soutenir l'écosystème IA et à favoriser la croissance des entreprises dans le domaine de la science des données et de l'IA.

BMO hat Kristin Milchanowski zur neuen Chief Artificial Intelligence and Data Officer ernannt, die am 15. Oktober 2024 in Kraft tritt. Kristin wird die Strategien von BMO in KI, Daten, Analytik und Robotik leiten und sich darauf konzentrieren, den Geschäftswert zu optimieren und das Datenmanagement im gesamten Unternehmen zu verbessern. Mit über 20 Jahren Erfahrung, hauptsächlich im Finanzsektor, kommt Kristin von EY, wo sie als Global Innovation Partner / Principal auf KI und moderne Technologien spezialisiert war.

Diese Ernennung steht im Einklang mit BMOs erheblichen Investitionen in KI, einschließlich der jüngsten Anerkennungen für KI-Innovation und Partnerschaften mit Organisationen wie dem Vector Institute, Creative Destruction Lab und NEXT AI. Diese Kooperationen zielen darauf ab, KI-gestützte Lösungen voranzutreiben, das KI-Ökosystem zu unterstützen und das Wachstum von Unternehmen im Bereich KI und Datenwissenschaft zu fördern.

Positive
  • Appointment of an experienced AI executive to lead AI and data strategies
  • Alignment with BMO's Digital First strategy and focus on AI innovation
  • Recognition as one of the top 10 banks globally in AI innovation by Evident AI
  • Partnerships with leading AI organizations and tech accelerators
Negative
  • None.

TORONTO and CHICAGO, Oct. 2, 2024 /PRNewswire/ - BMO today announced the appointment of Kristin Milchanowski as its new Chief Artificial Intelligence and Data Officer, effective October 15, 2024.

Kristin will drive BMO's Artificial Intelligence (AI), data, analytics, and robotics strategies and supporting technologies, championing a transformative AI roadmap that optimizes and enhances business value. Additionally, she will focus on data management and data governance across the organization, deepening the bank's robust and established culture of innovation and accountability.

"Kristin brings extensive knowledge and expertise in transforming businesses by leveraging the full potential of their data and technology," said Steve Tennyson, Chief Technology & Operations Officer, BMO. "I look forward to working with Kristin as we advance our Digital First strategy and harness the power of AI solutions that will differentiate the digital experience for our customers and colleagues."

Kristin is a global AI executive with more than 20 years of experience, most of that in the financial sector. Most recently, Kristin was a Global Innovation Partner / Principal at EY, focused on AI, High Process Computing and Quantum technologies. Kristin is an Artificial Intelligence Associate Fellow of the University of Oxford, where she completed post-doctoral studies in AI and holds a PhD in Decision Sciences.

This appointment builds upon BMO's significant investments in AI. In recent years BMO's been recognized by Evident AI as one of the top 10 banks in the world in AI innovation, received the Commercial Banking Impact Award in the Artificial Intelligence and Advanced Analytics category by Datos Insights, and named one of Fast Company's most innovative companies in the world.

Additionally, BMO sponsors, partners with and provides subject matter expertise for organizations and tech accelerators across North America, including:

  • Vector Institute: A globally renowned AI Institute enabling businesses to responsibly adopt and accelerate AI. Along with supporting the AI ecosystem and anchoring to our analytics strategy focus, BMO has consistently partnered with the Vector team to advance our AI-enabled solutions through technology transfer, talent attraction, and training and upskilling.
  • Creative Destruction Lab (CDL): A non-profit organization that delivers a mentorship program for massively scalable, seed-stage science and technology-based companies. BMO's partnership with CDL-Montreal helps AI and data science businesses grow into high-growth companies.
  • NEXT AI: A founder development network for entrepreneurs looking to solve global challenges with AI-based ventures and technology commercialization. BMO was a founding supporter of Next AI, engaging to help identify and support early-stage ventures, which receive access to resources, mentorship education and the network they need to succeed.

About BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.4 trillion as of July 31, 2024. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.

Cision View original content:https://www.prnewswire.com/news-releases/bmo-appoints-chief-artificial-intelligence-and-data-officer-302265682.html

SOURCE BMO Financial Group

FAQ

Who is BMO's new Chief Artificial Intelligence and Data Officer?

Kristin Milchanowski has been appointed as BMO's new Chief Artificial Intelligence and Data Officer, effective October 15, 2024.

What will be Kristin Milchanowski's role at BMO?

Kristin Milchanowski will drive BMO's Artificial Intelligence, data, analytics, and robotics strategies, focusing on optimizing business value and enhancing data management across the organization.

How does this appointment align with BMO's AI initiatives?

This appointment builds upon BMO's significant investments in AI, including recent recognitions for AI innovation and partnerships with organizations like the Vector Institute, Creative Destruction Lab, and NEXT AI.

What is BMO's recent recognition in AI innovation?

BMO has been recognized by Evident AI as one of the top 10 banks in the world in AI innovation and received the Commercial Banking Impact Award in the Artificial Intelligence and Advanced Analytics category by Datos Insights.

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