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Lloyds Banking Group bets £100 million on AI as it recruits the executive who rewired DBS
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Lloyds Banking Group bets £100 million on AI as it recruits the executive who rewired DBS
Lloyds Banking Group has appointed Sameer Gupta, the architect of DBS Bank's award-winning AI transformation, as Chief Data and AI Officer, as the bank doubles its AI value target to over £100 million for 2026. With 50-plus generative AI tools already in production and an AI Academy set to train all 67,000 employees, Lloyds is making a structural bet on AI capability rather than headline products.
Judith Murphy
6 min read
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