Wells Fargo hires BBVA's AI chief for consumer banking unit

Wells Fargo & Company (NYSE: WFC) has named Cayetano Gea-Carrasco as head of AI and Data for Consumer Banking and Lending, according to a press release from the company.

Gea-Carrasco will report to Saul Van Beurden, head of Enterprise AI and co-CEO of Consumer Banking and Lending, and will be based in San Francisco.

In his new role, Gea-Carrasco will oversee the full lifecycle of AI use cases, manage the data environment, and work on AI delivery for the Consumer Banking and Lending division. He will also partner with Wells Fargo's Enterprise AI team to scale solutions across the company.

Gea-Carrasco joins from BBVA, where he led enterprise AI transformation and the bank's global data and analytics organization. Before that, he spent 15 years at Moody's in senior roles covering software, data, and analytics. He holds an MBA from the MIT Sloan School of Management and graduate degrees in financial mathematics and telecommunications engineering.

"Wells Fargo's scale and depth of customer relationships create a powerful opportunity to put AI to work," Gea-Carrasco said. "I'm joining to make everyday banking simpler for our customers and deliver measurable business outcomes, with the controls and accountability our customers expect."

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