Marian Miner Cook

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Responsible AI in Finance

Thu, February 16, 2023
Dinner Program
Agus Sudjianto

Mathematical models play a very prominent role in financial institutions for decision making. The use of models including Artificial Intelligence (AI) and Machine Learning (ML) carry both financial and non-financial risks. Having learned from past financial crisis experiences, banks now practice model risk management, a discipline and a process to ensure that models are developed and used responsibly including from an ethical and legal point of view. Agus Sudjianto, executive vice president, head of Model Risk, and a member of the management committee at Wells Fargo, will explore how and why responsible AI is critical in finance. 

Mr. Sudjianto’s Athenaeum presentation is co-sponsored by the Financial Economics Institute at CMC.


Agus Sudjianto is an executive vice president, head of Model Risk and a member of Management Committee at Wells Fargo, where he is responsible for enterprise model risk management. 

Prior to his current position, Sudjianto was the modeling and analytics director and chief model risk officer at Lloyds Banking Group in the United Kingdom. Before joining Lloyds, he was an executive and head of Quantitative Risk at Bank of America. 

Prior to his career in banking, he was a product design manager in the Powertrain Division of Ford Motor Company. 

Sudjianto holds several U.S. patents in both finance and engineering. He has published numerous technical papers and is a co-author of Design and Modeling for Computer Experiments. His technical expertise and interests include quantitative risk, particularly credit risk modeling, machine learning and computational statistics. 

He holds masters and doctorate degrees in engineering and management from Wayne State University and the Massachusetts Institute of Technology.

Mr. Sudjianto’s Athenaeum presentation is co-sponsored by the Financial Economics Institute at CMC.

(This event was originally scheduled for April 11, 2022.)


Marian Miner Cook Athenaeum

Claremont McKenna College
385 E. Eighth Street
Claremont, CA 91711


Phone: (909) 621-8244 
Fax: (909) 621-8579