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Future of banking is AI-driven and ADIB is ready to evolve, CEO says

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Mohamed Abdelbary is convinced that how banks serve their customers today will be radically different in a decade. He is relying on generative artificial intelligence to transform Abu Dhabi Islamic Bank into what he says will be much more than a bank.
The article from MSN discusses how the future of banking is increasingly AI-driven, with Abu Dhabi Islamic Bank (ADIB) positioning itself at the forefront of this evolution. ADIB's CEO, Nasser Al Awadhi, emphasizes the bank's readiness to adapt to technological advancements, particularly in AI, to enhance customer experience, operational efficiency, and risk management. The bank is focusing on using AI for personalized banking services, improving decision-making processes, and ensuring compliance with regulatory standards. Al Awadhi highlights that AI will not only streamline operations but also help in creating more tailored financial products and services, thereby fostering a more inclusive and efficient banking ecosystem. This strategic direction is part of ADIB's broader vision to lead in digital transformation within the banking sector.

Read the Full MSN Article at:
[ https://www.msn.com/en-ae/news/other/future-of-banking-is-ai-driven-and-adib-is-ready-to-evolve-ceo-says/ar-AA1wuHIA ]