Chris is a technology leader with over 25 years of experience in global financial markets and central banking, and a PhD in artificial intelligence. Chris leads the technology organisation of the BIS and is responsible for the institutions's AI strategy. He organises a number of global technology leadership forums for the BIS community and is actively involved in shaping the industry's response to recent developments in AI.

The Bank for International Settlements is an international financial organisation based in Basel, Switzerland. Its mission is to support central banks' pursuit of monetary and financial stability through international cooperation, and to act as a bank for central banks. The BIS works together with central banks to explore the technological innovation that is rapidly transforming the financial landscape, to help them realise its benefits while avoiding the associated risks.

Recent developments in AI and the central banking response

Recent developments in AI technology have captured the world's attention, including in the central banking community. While the long term potential of AI remains to be seen, the rapid pace of innovation in AI technology and the new capabilities this has introduced are genuinely remarkable. These developments present exciting opportunities for central banks but also new types of risk that need to be managed, both in their own operations and in the financial sector more generally. This talk will provide a broad overview of the latest developments in generative AI, the key opportunities and risks these present for central banks, and how the industry is responding.