Vineet Agrwal leads enterprise-wide Independent Risk Management (IRM) for Cybersecurity, Technology, Resilience, and Artificial Intelligence (AI) at American Express (AXP). In addition, Vineet serves as the Board Chair on American Express Banking Corporation’s Audit and Compliance Committee. With the advent of Generative Artificial Intelligence (AI), Vineet institutionalized and chaired AXP’s first Generative AI Risk Advisory Council and set up the AI Risk Governance program at American Express. Vineet brings extensive Board and regulatory-facing risk expertise and has led risk management and analytics teams over the last 23 years to manage and govern risks spanning cybersecurity, technology, resilience, AI, third-party, operations, fraud & credit risks. A Certified Information Security Manager (CISM) and patent holder in Big Data, Vineet has earned industry accolades in machine learning, along with multiple AXP awards, including Chief Risk Officer and Chairman’s honors. His prior roles include Chief Credit Officer for AXP’s Enterprise Growth (Prepaid), Head of fraud and external card acquisitions, following an eight-year tenure at EXL Services and Inductis in analytics-driven management consulting. Vineet holds a master’s and bachelor’s in technology, specializing in microelectronics, from the Indian Institute of Technology, Bombay.
Unlike some industries, responsible AI and model risk management isn’t new but generative AI has posed new, wider challenges. This panel will explore how financial institutions are deploying AI responsibly while fostering trust, mitigating risks, and maintaining competitive advantage.
- Developing transparent AI systems to enhance fairness in credit scoring, fraud detection, and decision-making processes.
- Aligning AI strategies with evolving financial regulations to avoid compliance pitfalls and reputational risks.
- Implementing robust monitoring and auditing practices to identify and mitigate biases and systemic risks in real-time.
Check out the incredible speaker line-up to see who will be joining Vineet.
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