Acuity Knowledge Partners appoints AI expert as COO
Financial services technology firm Acuity Knowledge Partners has hired former IBM managing partner Jon O’Donnell as chief operating officer.
O’Donnell joins Acuity with more than 16 years of leadership experience at IBM, where he launched and led business units at the forefront of technology advancements, such as artificial intelligence and cloud platforms.
He led IBM’s EMEA business and technology consulting divisions of up to 15,000 practitioners and $3bn per annum turnover.
Read more: Moody’s warns of risks in AI taking central role in lending
As chief operating officer for Acuity, O’Donnell will join the executive committee and oversee the digital solutions group, global strategy and various enablement teams including information technology, information security, and legal.
Reporting to Acuity Knowledge Partners chief executive officer Robert King, O’Donnell will also lead Acuity’s key strategic initiatives working closely with the executive team and senior leaders.
“We are excited to have Jon on board, as he brings with him an extensive track record of leading initiatives and organisations through technological transformations, as well as a strategic understanding of how artificial intelligence can drive innovation and efficiency for our clients,” King said.
“Jon’s appointment is part of our strategy and commitment to take the lead role in developing bespoke financial technology solutions for our financial services clients worldwide. We are making excellent progress in combining the power of AI with Acuity’s deep domain expertise to support financial firms to streamline complex tasks, boost productivity, and achieve cost savings.”
Read more: Hamilton Lane puts private credit fund on Solana blockchain
O’Donnell said: “AI is revolutionising the financial services industry, and we aim to lead the way in this transformation, enabling our financial institution clients to deliver superior service to their customers, to operate more efficiently and maintain a competitive edge. I look forward to contributing to Acuity’s efforts to provide groundbreaking solutions that clients value and trust.”
Read more: Schroders Capital creates private markets AI platform
