AllianceBernstein (AB) has appointed Andrew Chin as chief artificial intelligence officer, a newly created role at the firm.
Chin is an AB operating committee member with a 27-year career at the firm. He most recently served as head of investment solutions and sciences at AB.
Elsewhere during his tenure at AB, Chin served as head of quantitative research and chief data scientist, alongside serving as the firm’s chief risk officer for more than a decade.
“Andrew’s appointment to this new position recognises our firm’s progress with AI and its future potential,” said AB’s chief operating officer, Karl Sprules.
“As AI continues to play a critical and transformative role in enhancing AB’s investment-research, operational and business procedures, and improving efficiencies across our corporate functions, we look forward to having an industry veteran like Andrew lead our firm into the future in this newly created role.”
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Chin has held a range of leadership roles in quantitative research, risk management and portfolio management at AB, both in New York and London, since joining the firm in 1997.
As part of his new appointment, Chin will be based in New York.
“This new role signifies the evolution of not only my career path at AB, but the broadening role that data science and AI are playing across the financial services industry,” Chin.
“I look forward to continually collaborating with teams and leaders throughout the organisation to harness the power of AI to ultimately deliver better outcomes for our clients.”