Lloyds Banking Group Introduces AI 'Board Bot' for Executive Decision Support
Lloyds Banking Group has become the first FTSE 100 firm to deploy a specialist artificial intelligence assistant in its boardroom, reports Scottish Financial News. The AI agent, developed by executive advisory firm Board Intelligence, is being used by executives and board members to analyse confidential information, prepare for meetings, and reduce bias in decision-making.
The system provides guidance across areas such as cybersecurity, sustainability, mergers and acquisitions, and financial analysis. It is designed to operate securely with restricted access, differentiating it from general-purpose AI tools like ChatGPT or Gemini. Lloyds says the technology aims to enable faster analysis and a broader range of perspectives during board preparations.
According to the bank’s corporate governance director, Nicola Putland, the trial is focused on enhancing meeting preparation through improved data access and analysis. Board Intelligence CEO Pippa Begg described this as an initial phase, with future plans for board members to interact with the AI in real time during meetings.
Lloyds reported that its generative AI tools delivered £50 million in value in 2025, with a target to double that figure in 2026 as part of its wider strategy to integrate AI across its operations.
We hope you enjoyed this article.
Consider subscribing to one of our newsletters like Finance AI Weekly or Daily AI Brief.
Also, consider following us on social media:
More from: Finance
Subscribe to Finance AI Weekly
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
Market report
2025 Generative AI in Professional Services Report
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
Read more