Nov 2026 PDM – AI-Driven Financial Services: Managing Model Risk, Bias, Transparency and Accountability

Program Details:

Date: Saturday, November 14, 2026
Mode: Virtual
CPE: 2 hours

Agenda:

17:00 – 17:15: Virtual Networking
17:15 – 17:18: Welcome by ISACA Chennai Chapter Director – Programs
17:18 – 17:30: Chapter Updates & Speaker Introduction
17:30 – 18:50: Session on “AI-Driven Financial Services: Managing Model Risk, Bias, Transparency and Accountability” by Dr. K. Riyazahmed
18:50 – 19:00: Questions & Closing Remarks

Synopsis:

Artificial Intelligence is transforming financial services, reshaping decision-making across banking, financial markets, insurance and investment management. While AI-driven models offer opportunities to improve predictive accuracy, operational efficiency and financial accessibility, their growing adoption raises a critical question:

How can financial institutions realise the benefits of AI while managing its risks and ensuring fair, transparent and accountable decisions?

This session explores the intersection of Artificial Intelligence and Finance, examining the challenges associated with AI-driven financial decision-making. It focuses on model risk and predictive reliability, the implications of algorithmic bias for fairness and financial inclusion, and the role of explainable AI in strengthening transparency and accountability.

Drawing on developments in the Indian financial ecosystem and emerging academic research, the session will examine what responsible AI adoption means for financial institutions and markets.

Key Themes:

• AI in Financial Services: Applications and transformation across the financial sector.
• Model Risk: Predictive reliability, interpretability and the limitations of AI-driven models.
• Algorithmic Bias: Implications for fairness and financial inclusion.
• Explainable AI: Strengthening transparency and accountability in financial decisions.
• Responsible AI: Emerging developments and considerations for financial institutions.

The session is relevant to professionals in audit, risk, governance, compliance, banking, financial services and technology, as well as students interested in the responsible application of AI.

About the Speaker:

Dr. K. Riyazahmed
Associate Professor of Finance, SDMIMD, Mysuru

Linkedin profile : https://www.linkedin.com/in/dr-k-riyazahmed-b8993228/

Dr. K. Riyazahmed brings over 16 years of academic and industry experience. His academic and research interests span finance, financial markets, FinTech, financial analytics, behavioural finance and the application of Artificial Intelligence in management education and decision-making.

He is the recipient of the Ivey Bestseller Award 2026 from Ivey Publishing, Canada, and the Springer Nature Editor of Distinction Award 2025, recognising him among the top 20% of handling editors worldwide.

He has published 15 research papers in ABDC-, Scopus- and Web of Science-indexed journals. He serves as Associate Editor of SN Business & Economics and Article Editor (ad hoc) for SAGE Open, both Scopus-indexed publications. He also reviews for leading academic journals and conferences, including the Academy of Management, US.

A prolific business case author, he has 19 international cases published by Ivey Publishing, SAGE and Emerald, with his work featured or listed by Harvard Business Review. His cases have received Best Case Author nominations from EFMD and The Case Centre, and his Ivey cases have recorded over 7,600 worldwide classroom uses.

His speaking engagements include the AACSB Asia Pacific Conference (2024) on the use of Generative AI in teaching and learning, and a TEDx talk (2025) on context, dialogue and learning for management in the AI age.

His work integrates finance, quantitative analysis, AI and case-based pedagogy.