FNB Adds AI and Data Science Directors to Strategy Leadership Team
Rhea-AI Summary
First National Bank (NYSE: FNB) has strengthened its strategy leadership team with two key appointments in artificial intelligence and data science. Santosh Sinha joins as Director of AI and Innovation, bringing 10 years of financial services experience and expertise in ethical AI practices. Sundeep Tangirala assumes the role of Director of Data Science, leveraging over 20 years of technology experience and 15 years in financial services.
Both senior executives will report to Chris Chan, Chief Strategy Officer, and will focus on enhancing FNB's strategic planning and service delivery through AI, data science, and quantitative modeling. The appointments align with FNB's commitment to innovation and digital technology as key growth drivers.
Positive
- Strategic investment in AI and data science leadership indicates commitment to digital innovation
- New hires bring extensive financial services and technology expertise
- Enhanced focus on ethical AI practices and regulatory compliance
Negative
- None.
News Market Reaction
On the day this news was published, FNB gained 1.91%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Santosh Sinha and Sundeep Tangirala Are Newest Senior Vice Presidents to Join Company
"Innovation and digital technology are significant drivers of FNB's growth and superior client experience," said Vincent J. Delie, Jr., Chairman, President and Chief Executive Officer of F.N.B. Corporation and First National Bank. "Our latest hires bring highly specialized expertise to expand the powerful ways that AI, data science and quantitative modeling inform our strategic planning and service delivery."
Sinha, an accomplished AI thought leader, is responsible for developing and executing the Company's AI strategy with a focus on ethical and compliant practices. Additionally, he will identify high-value opportunities for innovation and foster cross-functional collaboration to deliver transformative solutions. In addition to his 10 years of financial services industry experience, his diverse background includes roles as a cofounder of a technology startup and as an AI researcher for the
Sinha received his bachelor's degree in computer science and engineering from
Tangirala oversees the performance of FNB's strategic decisioning systems and the development and maintenance of regulatory and forecasting models. He leads a team of data scientists and quantitative modeling analysts who identify new insights and opportunities to drive revenue, efficiency and process improvements for Retail and Wholesale Banking, Marketing, Credit, Risk Management and other internal departments. Previously serving as Senior Vice President and Head of Data and Machine Learning Engineering at PNC Bank, Tangirala's more than two decades of technology experience include nearly 15 years in the financial services industry.
Active in his community, Tangirala serves on the Master of Science in Quantitative Economics advisory board for the University of
About F.N.B. Corporation
F.N.B. Corporation (NYSE: FNB), headquartered in
FNB provides a full range of commercial banking, consumer banking and wealth management solutions through its subsidiary network, which is led by its largest affiliate, First National Bank of
The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol "FNB" and is included in Standard & Poor's MidCap 400 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Customers, shareholders and investors can learn more about this regional financial institution by visiting the F.N.B. Corporation website at www.fnbcorporation.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/fnb-adds-ai-and-data-science-directors-to-strategy-leadership-team-302560529.html
SOURCE F.N.B. Corporation
