ADGM Academy hosts the first AI in Finance Summit in MENA

ADGM Academy hosts the first AI in Finance Summit in MENA

ADGM Academy 04/03/2020

  • Summit hosted in partnership with the Centre for Finance, Technology and Entrepreneurship
  • Launch of AI in Finance, a first-of-its-kind programme in the region

ADGM Academy (ADGMA) hosted a first-of-its-kind, highly specialised, AI in Finance Summit, in keeping with its commitment to fostering education on artificial intelligence, for the enhancement of the UAE’s financial sector. With over 200 participants present, the AI in Finance Summit was held in partnership with the Centre for Finance, Technology and Entrepreneurship (CFTE).

During the event, ADGMA and CFTE announced the launch of the Programme of Artificial Intelligence in Finance that aims to assist finance professionals in the MENA region to be fully-equipped with all the relevant skills and knowledge needed to tackle disruptive challenges. The programme will include interactive lectures with senior experts and team projects.

Commenting on the occasion, Hamad Al Mazrouie, Managing Director of the ADGM Academy, said: “We are pleased to have hosted this momentous event and are proud to have hallmarked the establishment of the Programme of Artificial Intelligence in Finance, alongside the CFTE. As a leading regional academy, we are committed to fostering a thriving educative environment and championing the adoption of progressive initiatives, to further the knowledge and expertise of the next generation of financial professionals. In line with the ambitious visions and initiatives pioneered by the UAE’s wise leadership, the Programme of Artificial Intelligence in Finance will aim to emulate the strategic objectives of these various agendas, such as the National Programme for Artificial Intelligence and the UAE Centennial 2071. We aim to continuously provide our community with valuable educative opportunities to enable robust growth in the UAE’s financial sector.”

The launch of the new Programme of Artificial Intelligence in Finance is in line with the efforts of ADGM Academy to transform the financial sector in the UAE and the region, creating a more forward-thinking industry and developing new generation of talents that will support a more sustainable future. Upon completion, participants will be able to get a CPD-accredited certification from ADGM Academy and CFTE.

Huy Nguyen Trieu said: “We are thrilled to continue our partnership with the ADGM Academy and to jointly co-organise the Summit in Abu Dhabi. It aligns with the CFTE’s mission is to facilitate global disruption of finance and bring communities together”.

Through the event, ADGM Academy and the CFTE showcased their joint commitment to curating a thriving knowledge sharing environment and shedding light on the importance of AI in the financial space. The event hosted a panel discussion on “Use Cases of AI in Finance”, alongside multiple engaging keynote addresses, and provided a platform for participants to discuss and share expertise. The event aimed to facilitate the growth of disruptive finance within the UAE, and the wider region, that would ultimately contribute to its global competitiveness. Speakers and attendees at the Summit included Huy Nguyen Trieu, Co-Founder of CFTE and former Managing Director at Citi; Ronit Ghose, Global Head of Banks Research at Citi; Hamad Al Mazrouei, Managing Director of ADGM Academy and Fabian Vendenreydt, Strategic Advisor, Abu Dhabi Global Market.

Top thought-leaders and key stakeholders of the industry intersection between AI and finance gathered to discuss the themes that are currently defining the financial services sector. The event also showcased on the latest technological developments in finance, followed by a discussion on the possible methods they can be leveraged in the MENA region.

ADGM Academy is an extension of Abu Dhabi Global Market’s commitment in contributing towards the UAE’s economic vision and Abu Dhabi’s diversification strategy. Since its launch in 2018, the Academy launched leading and globally-endorsed academic offering and financial programmes providing a dynamic academic platform that serves Abu Dhabi’s position as a global financial and commercial hub, and empowers financial professionals across the region.

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