Morgan Stanley has promoted Jeff McMillan as its first head of artificial intelligence, reported CNBC.
In his new role as head of firmwide artificial intelligence, he will coordinate across the firm to ensure appropriate AI strategy and governance. In doing so, he will partner with the business units and infrastructure areas to identify and prioritize AI opportunities; help position the firm within the flow of AI development across the industry and ensure that Morgan Stanley continues to be a well-respected innovator in AI, according to the report.
McMillan previously led Wealth Management’s analytics, data and innovation organization.
