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Ethics In Financial Services Insights
August 20, 2025
How are financial services leaders integrating business and ethics considerations in their strategic discussions on responsible AI?
In January 2025, Nationwide Financial Chief Technology Officer and Senior Vice President Michael Carrel participated in the Twenty-Fourth Annual Mitchell/The American College Forum on Ethical Leadership in Financial Services, where leaders and academics discussed how companies are integrating business and ethics considerations in their strategic discussions on responsible AI.
In his reflections, Carrel highlights three key takeaways:
- Ethical decision making is critical to guide AI integration and build trust.
- Preparing an AI-ready workforce requires continuous education and training.
- Balancing speed with safety ensures responsible, sustainable AI adoption.
More from The College
- Read the full Nationwide article.
- Download the 2025 Proceedings, which explores how companies are navigating the intersection of business and ethics with responsible AI.
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