Abu Dhabi Commercial Bank has appointed Standard Chartered veteran Shameek Kundu as Chief AI Officer following the launch of the $177 billion-asset bank's Meedaf initiative earlier this year.
Bringing over 25 years of experience to his new role, Kundu has served as head of the AI Verify Foundation for Singapore's Infocomm Media Development Authority since August 2024. In this position, which Kundu described on LinkedIn as the "most meaningful stint of my career so far", he focused on testing "real-world, live AI use cases".
Kundu's professional journey includes consulting work at McKinsey and dual leadership as both head of financial services and chief strategy officer at Truera. At Truera, an AI observability platform for evaluating and monitoring production LLM applications and ML models, he played a key role in the company's 2024 acquisition by Snowflake.
Prior to these roles, Kundu notably worked at Standard Chartered for over 11 years, where he held various managing director positions in data, strategy and architecture, before departing as the bank's chief data officer, a role he maintained for seven years, in 2020.
Kundu will be responsible for the bank's various AI endeavours. In April, ADCB launched Meedaf, a financial services venture providing specialised AI-driven and blockchain-enabled solutions to financial institutions across the GCC region, focusing on automating collections, risk assessment, and regulatory compliance.
