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Video
n this onsite interview from Risk Americas, Ash Majid examines how the rapid evolution of AI is reshaping governance, risk management, and board oversight. He discusses the limitations of traditional reporting approaches, the need for more dynamic management information, and how organizations can use AI tools themselves to improve transparency, auditability, and model governance.
Majid also highlights the importance of cross-functional collaboration between risk, compliance, legal, and technology teams as AI adoption grows. He explores emerging concerns around bias, automated decision-making, operational resilience, and third-party dependencies, emphasizing the need for strong controls and contingency planning as financial institutions integrate AI into critical business processes.