Alpha Bank Cyprus hosts strategy event focused on AI's role in business decisions
Alpha Bank Cyprus brought together senior executives Thursday to discuss how artificial intelligence is reshaping corporate strategy, decision-making and risk management. The event, titled "Reframing Strategy in the Age of AI," featured keynote speaker Theodoros Evgeniou, a professor at INSEAD with nearly three decades of experience in machine learning and AI for business.
The bank positioned the discussion around a core tension: AI's speed and accuracy must be paired with safeguards and human judgment. "For a banking organisation, these are matters of trust," said Miltos Michaelas, the bank's chief executive officer.
What executives heard
Evgeniou addressed how AI influences strategic thinking, governance, risk assessment and responsible technology use. His remarks focused on practical implications rather than abstract potential.
Christoforos Stylianides, the bank's chief wholesale banking officer, connected the discussion to corporate banking. Over the past three years, the bank has strengthened its operations to provide faster decision-making, transparent processes and fair pricing to business clients.
"More important than numbers is the trust you show us," Stylianides said. He framed AI's role in this context: organisations must think about how the technology affects their decision-making processes, risk analysis and future planning.
Why the bank hosted this
Alpha Bank Cyprus is positioning itself as a partner in the business community's response to technological change. The event reflects the bank's own digital transformation efforts, which include cybersecurity upgrades and customer-focused banking services.
Michaelas emphasised that protecting trust through strong safeguards is non-negotiable. "In an era where cybersecurity risks are becoming more complex, protecting this trust is a non-negotiable priority for us," he said.
The bank said the event reinforces its commitment to supporting responsible AI adoption across the market and wider economy.
Related: AI for Executives & Strategy
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