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Ex-UBS chief Ralph Hamers expects AI to spur next evolution in finance 

The banking veteran takes on senior adviser role at digital wealth manager Arta Finance

Tan Nai Lun

Tan Nai Lun

Published Fri, Oct 11, 2024 · 12:01 AM
    • Ralph Hamers (left), former chief executive officer of UBS and ING, with Caesar Sengupta, co-founder and CEO of Arta Finance.
    • Ralph Hamers (left), former chief executive officer of UBS and ING, with Caesar Sengupta, co-founder and CEO of Arta Finance. PHOTO: ARTA FINANCE

    THE wealth management industry is on the cusp of change – and banking veteran Ralph Hamers expects artificial intelligence (AI) will drive that.

    AI can help banks understand their clients more than “any conventional marketing approach can ever analyse”, and build products to match their exact needs as well, he said.

    This is revolutionary, said the Dutch banker, who is known for leading digital transformation at legacy banks.

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    Wealth managementUBSArtificial IntelligencePrivate bankingFintech

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