How can banks close the AI talent gap?

Tuesday, July 16, 2024

15:00-16:00 BST / 10:00-11:00 EDT

Virtual Roundtable

Watch the Roundtable

Summary

In this roundtable, we explored: What AI talent is critical to executing a bank's AI strategy? What banks are doing to develop their existing talent capability? Where banks currently stand in the race to recruit and retain the best and brightest in a highly competitive marketplace? And what role can external partners play in building capability in the short- and long-term?

We dived into the latest data and trends from Evident’s AI Talent Report and focused on practical insights from leading subject matter experts and industry practitioners.

Over the past six months, the overall pool of AI talent across the 50 banks in the Evident AI Index increased by 9%, double the rate of growth in overall headcount. And, in the last quarter alone, we've seen a 25% quarter-on-quarter increase in AI Development job listings.

But all banks are not growing equally. The recent growth in AI Development roles has primarily been driven by the US banks. And the most AI mature banks - the banks that already lead the way in the Evident AI Index ranking - appear to be accelerating their hiring efforts and pulling away from the pack.

Speakers

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Katherine Savage

Partner, People Advisory Services; EMEIA Reward Sustainability Advisor, EY

Katherine is a leader in EY’s People Advisory Services practice. She has extensive experience in creating effective reward and HR strategies across leading Financial Services global organizations. A large proportion of her career has been spent within emerging markets and organizations in periods of unprecedented change and crisis management; focused on building out HR functions, establishing governance controls, achieving cost and total reward optimization and regulatory alignment.

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Noémie Ellezam

Global Head of Artificial Intelligence, Société Générale

Noémie has fifteen years of experience Business transformation and Financial services (retail & consumer finance, wealth management, corporate & investment banking). She joined Société Générale in 2006 in General Inspection, and led international strategic reviews & business transformation projects across multiple businesses & geographies, before being promoted Head the Strategic & performance steering division for French retail from 2014 to 2018.

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Alexandra Mousavizadeh

Co-founder & Co-CEO, Evident

Alexandra has spent the last 25 years ranking and quantifying complex societal and political forces. She started her career at Moody’s, then Morgan Stanley, later became CEO of ARC Ratings and then Director of the Prosperity Index. Most recently, Alexandra was a Founding Partner at Tortoise Media, where she ran Tortoise Intelligence, the Index and data business. Here, she was the architect of the groundbreaking Global AI Index, the first benchmark to track the strength of national AI ecosystems. She holds a degree in economics, mathematics and game theory from the University of Copenhagen.

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Colin Gilbert

VP of Intelligence, Evident

Colin leads Evident's Intelligence Team. focused on developing new content offerings and expanding our customer-facing diagnostics. Colin has spent the last 15 years working in Research & Advisory services, specializing in using quantitative benchmarking to measure an organization's digital aptitude vs. performance. Previously, he served as a Managing Vice President at L2 Inc. (acquired by Gartner in 2017), where he worked on the Digital IQ Index® as it expanded to cover nearly 1,500 leading brands across 15x B2C industries.

Our Predictions for 2024 included: