NASHVILLE, Tenn., July 1, 2024 -- AllianceBernstein L.P. (“AB”), a leading global investment firm with $757 billion in assets under management, today announced Andrew Chin has been named the firm’s first-ever Chief Artificial Intelligence Officer.
As an AB operating committee member with a 27-year career at the firm, Mr. Chin was previously AB’s Head of Investment Solutions and Sciences. Throughout his career, he has served in previous roles for the firm, including Head of Quantitative Research and Chief Data Scientist and was the firm’s Chief Risk Officer for over a decade.
“Andrew’s appointment to this new position recognizes 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.”
“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,” said Mr. Chin. “I look forward to continually collaborating with teams and leaders throughout the organization to harness the power of AI to ultimately deliver better outcomes for our clients.”
Mr. Chin has been with AB for more than 27 years. In his previous leadership role, he was Head of Investment Solutions and Sciences and a member of the firm’s Operating Committee. Mr. Chin has held various leadership roles in quantitative research, risk management and portfolio management in both the firm’s New York and London offices since joining AB in 1997. Mr. Chin holds a BA in math and computer science, and an MBA in finance from Cornell University. He will continue to be based in New York.
**As of May 31, 2024
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About AllianceBernstein
AllianceBernstein is a leading global investment management firm that offers diversified investment services to institutional investors, individuals, and private wealth clients in major world markets. As of May 31, 2024, AllianceBernstein had $757 billion in assets under management. Additional information about AB may be found on our website, www.alliancebernstein.com .