Navigating GenAI Risk in Financial Services: A Conversation with Jonas Jacobi, CEO of ValidMind

In this exclusive interview from the AI in Financial Services Europe event, Jonas Jacobi, CEO and Co-founder of ValidMind, sits down with the Centre for Financial Professions to discuss the rapidly evolving landscape of generative AI (GenAI) in banking and financial services. Jonas breaks down key differences between GenAI and traditional AI, including the challenges of explainability, data governance, and enterprise adoption. He also explores how GenAI is shifting model governance from model-centric to use case-centric, and what this means for risk, compliance, and internal culture across financial institutions. Key topics include: - Why GenAI is a true black box—and how to manage its risks - Organizational and cultural challenges of democratized AI use - Critical considerations for banks adopting GenAI responsibly - The role of automation in scaling governance and validation - How ValidMind supports modern, compliant GenAI adoption at scale Whether you're a risk manager, compliance lead, or innovation strategist, this in-depth conversation offers practical insights on how to prepare for—and thrive in—the #GenAI era. #ModelRiskManagement