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NASHVILLE, Tenn. — The investment management firm AllianceBernstein appointed a C-suite executive to work with its leaders and teams to “harness” AI to better serve clients.
AllianceBernstein, which has $757 billion in assets under management, named Andrew Chin its first chief AI officer, according to the firm this month.
Most recently, Chin served as head of investment solutions and sciences at AllianceBernstein. He is based in New York.
"Andrew's appointment to this new position recognizes our firm's progress with AI and its future potential," said Karl Sprules, COO, AllianceBernstein. “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 been with the firm for over 27 years and is a member of the AllianceBernstein Operating Committee.
Previously, Chin served as the firm's head of quantitative research, chief data scientist and chief risk officer.
He holds a B.A. in math and computer science and an M.B.A. in finance from Cornell University.
"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 said.
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