Executive Movement News

Backbase Appoints Industry Veteran Chris Shayan

Backbasehas

Backbase on a mission to further adopt AI across the Engagement Banking Platform and its R&D efforts.

Backbasehas has appointed Chris Shayan as the new Head of Artificial Intelligence. This strategic move is set to significantly advance Backbase’s AI vision and adoption across its tech offering, reinforcing its commitment to re-architecting banking around the customer.

A New Era at Backbase

Backbase is leading digital banking transformation by helping financial institutions modernize their customer journeys and optimize operations. The integration of AI into the Engagement Banking Platform (EBP) is a critical step in this mission. “We are pleased to announce Chris as our new Head of Artificial Intelligence,” said Thomas Fuss, CTO of Backbase. “With his demonstrated expertise in digital banking solutions and a true passion for technological advancement, Chris is a true business leader who drives innovation and is set to lead our AI initiatives into an exciting future.”

I am genuinely excited about contributing to the development of a robust Gen AI track that will empower banks to enhance productivity and further accelerate their modernization efforts.”

Chris Shayan, Head of Artificial Intelligence at Backbase

Introducing Chris Shayan

Chris Shayan brings a wealth of expertise and hands-on experience with AI to Backbase. A digital leader renowned for scaling digital banking transformation programs, Chris has a demonstrated ability of driving business growth through technology.

“I’m excited to be joining Backbase as its first Head of Artificial Intelligence,” he stated. “I believe that AI’s potential extends beyond just process optimization. The existing technology at Backbase is remarkable, and I am genuinely excited about contributing to the development of a robust Gen AI track that will empower banks to enhance productivity and further accelerate their modernization efforts.”

Chris is deeply passionate about leveraging technology to continuously improve operations, build tools and deliver value by solving customer problems. His primary focus on LLMs (large language models) and AI is expected to further revolutionize Backbase’s on-going momentum in building the world’s leading Engagement Banking platform.

Impact on Strategy and the Industry

This appointment brings AI at the forefront of Backbase’s mission of rearchitecting banking around the customer. It not only drives the company’s commitment to amplifying AI initiatives in R&D but also marks the inception of a new Center of Excellence (COE) in Vietnam, supported by a team of dedicated subject matter experts.  This will increase the number of Backbase employees based in the country to over 40, further strengthening Backbase’s footprint in the APAC region. As a result, Vietnam becomes a key hub for the company’s R&D and customer success teams.

Expressing excitement about this development, Shayan highlighted the alignment of Backbase’s commitment to innovation with his own vision: “I’m particularly interested in leveraging LLMs to personalize and innovate the customer journey, unlocking new avenues for banks to increase customer lifetime value. The recognition of the exceptional talent pool in Vietnam further solidifies the company’s vision of synergies that promise to address complex banking challenges and position Backbase as a leader in AI-driven banking solutions.”

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