ANZ Hires Its First AI Officer as Banks Rush to Bolster Tech Ranks

ANZ Group Holdings Ltd. has hired its first chief data and AI officer, as competition over artificial intelligence talent intensifies among big banks around the world.

Kai Yang will join ANZ in Sydney in July after relocating from Hong Kong where he worked as HSBC Holdings Plc’s chief data and analytics officer for Asia and the Middle East. Yang is the latest senior hire from HSBC, where ANZ Chief Executive Officer Nuno Matos worked prior to joining the Melbourne-based bank last year.