Bank of Ireland has named Prag Sharma as its new Chief AI Officer, signaling a strategic push to embed artificial intelligence more deeply into its operations. Mr. Sharma is scheduled to assume the role in October.
The appointment follows a period of intense focus on AI infrastructure within the banking sector.
Bank of America recently extended a $520 million credit facility to OpenAI, marking a significant pivot in how traditional lenders engage with AI developers.
At Citigroup, Sharma established and led the Global AI Centre of Excellence, where he oversaw end-to-end AI delivery.
His background suggests Bank of Ireland is prioritizing operational execution over theoretical exploration.
The hiring arrives amid a broader industry shift.
Bank of America recently extended a $520 million credit facility to OpenAI, marking a significant pivot in how traditional lenders engage with AI developers.