OpenAI is bringing two prominent financial industry leaders into its governance structure as the artificial intelligence company continues to expand its global commercial footprint.
The company announced Tuesday that David Vélez, founder, chairman and CEO of Latin American digital banking giant Nubank, and Robin Vince, chairman and CEO of financial services firm Bank of New York Mellon, have joined the boards of both the OpenAI Foundation and OpenAI Group PBC.
The appointments add executives with decades of experience in financial services, technology adoption, and corporate governance at a time when OpenAI is rapidly growing its enterprise business and broadening the reach of its AI products.
“David and Robin are exceptional leaders who have used technology to reshape financial services and expand opportunity at global scale,” OpenAI Board Chair Bret Taylor said in a statement. “Their experience will be invaluable as OpenAI serves more businesses and people around the world.”
The move reflects OpenAI’s continued effort to diversify its board with executives from industries that are increasingly adopting generative AI. Financial institutions have emerged as some of the largest enterprise customers for AI tools, using the technology across customer service, software development, compliance, fraud detection, and back-office operations.
