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Lloyds Banking Group has partnered with Cambridge University and AI start-up Cambridge Spark to provide a tailored AI education course for over 200 employees, aiming to enhance their AI skills through 80 hours of specialized training over six months. Chief Operating Officer Ron van Kemenade emphasized the program's goal to empower leaders to innovate with AI, driving commercial excellence in the financial services sector. The initiative began with a two-day session at the University, featuring insights from Professor Stelios Kavadias.
Lloyds Banking Group is launching a six-month training program for over 200 senior leaders to enhance their artificial intelligence skills, partnering with Cambridge Spark and experts from Cambridge University. The initiative aims to integrate AI deeply across the organization, fostering innovation and commercial excellence. Additionally, the bank is expanding AI training to all employees through various programs, addressing both the opportunities and risks associated with AI in the financial sector.
Lloyds Banking Group has launched a six-month AI training program for over 200 senior leaders in partnership with edtech firm Cambridge Spark. This initiative is part of a broader strategy involving a £4 billion investment in digital transformation to enhance AI capabilities and customer experiences. The program, "Leading with AI," combines in-person sessions, virtual masterclasses, and tailored projects to empower leaders in implementing AI technologies across the organization.
Lloyds Banking Group has partnered with Cambridge Spark to launch a six-month "Leading with AI" training program aimed at enhancing AI leadership capabilities among over 200 senior leaders. The initiative, which includes 80 hours of bespoke learning, focuses on integrating AI across the organization to drive innovation and operational excellence. The program commenced on March 5th with an intensive session at the University of Cambridge, featuring insights from innovation expert Prof. Stelios Kavadias.
Lloyds Banking Group is launching a six-month AI training program for over 200 senior leaders, partnering with Cambridge Spark to enhance their understanding of AI's potential in banking. The initiative aims to integrate AI across the organization, focusing on operational excellence and customer experience. Group COO Ron van Kemenade emphasizes the transformative impact of AI on financial services, while Cambridge Spark's CEO highlights the importance of advancing AI capabilities within leadership to drive innovation.
Lloyds Banking Group plans to hire 4,000 technology and data employees in India by 2025, representing nearly half of its global tech workforce, while warning 6,000 UK IT staff of potential job losses amid a restructuring review. The Banking, Insurance & Finance Union has criticized this move as undermining the UK workforce, especially as the bank also cuts 500 additional jobs and closes branches. Lloyds' £4 billion investment strategy focuses on modernizing operations through technology, aligning with a trend of outsourcing in the financial sector.
Ron Van Kemenade
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