Abu Dhabi Commercial Bank (ADCB) has appointed Shameek Kundu as its Chief AI Officer (CAIO), effective September 23, 2025. Kundu, a veteran with over 25 years of experience, including a significant tenure at Standard Chartered, will assume the role following the launch of the bank’s Meedaf initiative earlier this year.
Kundu most recently served as head of the AI Verify Foundation for Singapore’s Infocomm Media Development Authority (IMDA) since August 2024, where he focused on testing “real-world, live AI use cases.” He described this role on LinkedIn as the “most meaningful stint of my career so far.” His professional background also includes consulting work at McKinsey and dual leadership as head of financial services and chief strategy officer at Truera, an AI observability platform. At Truera, Kundu was instrumental in the company’s 2024 acquisition by Snowflake. Prior to these roles, he spent over 11 years at Standard Chartered, holding various managing director positions in data, strategy, and architecture, and serving as the bank’s chief data officer for seven years until his departure in 2020.
At ADCB, a $177 billion-asset bank offering a range of current and savings accounts, cards, loans, and wealth management services, Kundu will be responsible for overseeing the bank’s various artificial intelligence endeavors. The appointment follows ADCB’s launch of Meedaf in April, a specialized financial services venture. Meedaf provides AI-driven and blockchain-enabled solutions to financial institutions across the GCC region, with a focus on automating collections, risk assessment, and regulatory compliance.
Kundu’s hiring underscores a growing trend among global financial institutions to establish dedicated executive roles for AI initiatives, mirroring recent appointments at companies such as Marqeta, Westpac, and NatWest.
