Mukund Umalkar

Director, GenAI Strategy & Execution at ING Wholesale Bank

Speaker

Mukund Umalkar is an experienced AI leader who turns GenAI into measurable business outcomes for global banks. He leads GenAI strategy and execution for ING Wholesale Bank, where he built a global operating model to identify, govern, and scale AI opportunities across front, middle, and back office. His portfolio spans Financial Markets, Corporate Lending, Transaction Services, Risk, and Operations.

Mukund has been pivotal in forging high‑impact Fintech partnerships to solve complex challenges and accelerate innovation. With a deep understanding of the Fintech ecosystem, he integrates emerging technologies into regulated banking environments with responsible governance and tangible results.

Previously, Mukund served as Director of Innovation at Commonwealth Bank of Australia, where he launched the London Innovation Lab and established a track record of delivering production-grade collaborations with leading startups and scale-ups. He is passionate about helping complex, global organizations unlock AI at scale—with strategic clarity, risk-aware controls, and change-ready operating models.

Mukund holds a Computer Science degree and an MBA from the University of Chicago and is a frequent speaker at global finance and AI conferences.