JPMorgan hires Google AI expert

JPMorgan is set to appoint former Google executive Apoorv Saxena this week as its new head of artificial intelligence (AI) and machine learning services.

Based in Palo Alto, California, he will report to John Fathers, head of big data and pattern ownership, Saxena will also serve as the head of asset and wealth management AI technology.

An internal note explained that he will work closely with the Machine Learning Center of Excellence to drive the design, development and governance of the firm’s core machine learning patterns.

In his capacity as the asset and wealth management head of AI, Saxena will work closely with that division’s chief investment officer Mike Urciuoli and his team to identify and implement high-impact AI use cases and help leverage common machine learning solutions across asset and wealth management.

Saxena has nearly 20 years of software engineering, strategy and management consulting, product management leadership and entrepreneurial experience. Most recently, he was the product and business lead for Google Cloud AI products, responsible for product vision, growth and revenue, user experience and resource planning of six AI product lines.

At Google, he led multiple AI initiatives across the firm, including launches of Cloud AutoML, Cloud Natural Language, Cloud Translation and Cloud Contact Center products.

Prior to Google, Saxena was the co-founder of AI Frontiers and Okati. He also worked at McKinsey & Co and Alcatel-Lucent, working on strategy, operations, design and sales for clients in the financial and tech industries.

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