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Finance Veteran Says AI Won’t Doom Junior Bankers

Junior bankers should not worry that their jobs are on the line because of AI, says Sopnendu Mohanty, the CEO of Global Finance & Technology Network, an advisory and investment firm.
Mohanty, 53, spent nearly two decades working at Citi, where he helped lead the bank’s global consumer lab network and programs. In 2015, he became the Singapore central bank’s first chief fintech officer.
He said AI, like the internet and smartphone, will help make bankers more productive. With AI, a single banker would be able to engage more clients, Mohanty told Business Insider.

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