BBVA Launches AI Training Program For Over 150 Managers
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
BBVA has expanded its partnership with the University of Navarra to introduce a training program for more than 150 managers. This new course aims to help them use generative AI (GenAI) to become more productive and improve their decision-making and daily tasks.
The course was designed by the Data Science and Artificial Intelligence Institute (DATAI) at the University of Navarra along with BBVA’s own teams.
BBVA Aims To Boost Managerial Skills With GenAI Training Program
According to the bank, the program focuses on helping executives understand how GenAI can support their work. By using this technology, managers can better organize their tasks and make more thoughtful choices in their roles.
Iván Cordón, who leads innovation at DATAI, said the course addresses the growing need for AI knowledge in companies. He stated that it offers a full introduction to GenAI so that participants can learn about its effects on business.
By studying real examples, Cordón noted, managers can see how AI could simplify routine tasks and improve more complex work. This training allows them to explore different ways of using GenAI for a variety of tasks, from simple automation to advanced process improvements.
Since the program started in April, more than 300 BBVA employees have completed their GenAI training with the University of Navarra. This training path is part of a broader agreement between BBVA and the University that began in 2020.
The partnership aims to advance knowledge in data science through several projects, including a Master’s Degree in Big Data Science and other courses focused on data technologies.
BBVA Aims To Lead In AI Adoption With Expanded Team
Elena Alfaro, head of GenAI adoption at BBVA, shared that the goal of the training program is to make the bank’s managers more effective and creative. She revealed that the bank also wants managers to feel confident about using new technology.
Alfaro said that BBVA aims for its executives to lead their teams in adapting to these changes. She explained that understanding how GenAI works will allow the company to get the most from it, both now and in the future.
BBVA has recently increased its focus on AI by doubling the number of staff working in this area to more than 400 people. The bank has also opened new ‘AI Factories’ in Mexico and Turkey.
This push toward AI development started after BBVA formed a major partnership with OpenAI in May, becoming the first bank in Europe to do so. With this partnership, BBVA deployed 3,000 ChatGPT Enterprise licenses across its teams to help them become more familiar with AI tools.