Truist names Pascal Belaud as chief AI & data officer

Rhea-AI Summary

Truist Financial (NYSE: TFC) named Pascal Belaud as its chief AI & data officer, effective Nov. 24, 2025. Belaud joins from Microsoft after more than 25 years and will report to Truist CIO Steve Hagerman. He will lead Truist's enterprise AI, data and advanced automation strategy.

Truist reported total assets of $544 billion as of Sept. 30, 2025.

Positive

• Hire from Microsoft with 25+ years of experience
• Role starts Nov. 24, 2025, giving immediate leadership timing
• Will report to CIO Steve Hagerman, ensuring direct IT alignment

Negative

• None.

News Market Reaction

+0.70%

1 alert

+0.70% News Effect

On the day this news was published, TFC gained 0.70%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHARLOTTE, N.C., Nov. 19, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Pascal Belaud will be the company's chief AI & data officer, starting Nov. 24. Belaud, who joins the company from a long tenure at Microsoft, will be responsible for shaping the strategic vision and execution of Truist's AI, data, and advanced automation strategy across the enterprise. He will report to Truist Chief Information Officer Steve Hagerman.

"We're thrilled to welcome Pascal to Truist as our chief AI & data officer," said Hagerman. "Pascal is a visionary, as well as a charismatic leader, and will be an incredible asset to our team. His expertise across AI and data is matched only by his passion for driving innovation at speed and scale."

Belaud has three decades of experience in the technology industry, including more than 25 years at Microsoft. He held a number of leadership positions In Microsoft's US financial sector, across AI, data and data insights, customer success, analytics, cloud, machine learning and predictive analysis. 

"I'm very excited to be a part of Truist's growth and purpose-driven journey to serve clients, communities and our teammates, said Belaud. "I believe we have tremendous opportunities to strategically and responsibly harness the full power of AI and data to transform client and teammate experiences. I am honored to join Truist at a moment when purpose and possibility intersect."

About Truist

Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top-10 commercial bank with total assets of $544 billion as of Sept. 30, 2025. Truist Bank, Member FDIC. Equal Housing Lender. Learn more at Truist.com.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/truist-names-pascal-belaud-as-chief-ai--data-officer-302618905.html

SOURCE Truist Financial Corporation

FAQ

When does Pascal Belaud start as Truist chief AI & data officer (TFC)?

Pascal Belaud begins the role on Nov. 24, 2025.

What will Pascal Belaud oversee at Truist (TFC)?

He will lead Truist's enterprise AI, data, and advanced automation strategy.

Who will Pascal Belaud report to at Truist (TFC)?

He will report to Truist Chief Information Officer Steve Hagerman.

What is Pascal Belaud's background before joining Truist (TFC)?

Belaud spent more than 25 years at Microsoft with leadership roles in AI and data.

How large is Truist's balance sheet ahead of the new hire (TFC)?

Truist reported total assets of $544 billion as of Sept. 30, 2025.