Michael Demissie
Managing Director and Head of Applied AI and Practice, BNY
Michael is Managing Director and Head of Applied AI and Practice at BNY’s AI Hub. After joining the bank in 2019, he established the Advanced Solutions Group – an enterprise-level capability designed to define our strategic approach, build out and deploy our assets for applying artificial intelligence (AI) and other emerging capabilities. The Applied AI team delivers innovative solutions as part of the AI Hub, enhancing our services as well as powering new offerings for our clients. The group has two objectives – solve high-value initiatives that matter for our clients and the firm, and build platform to offer AI-as-a-Service capabilities that enable colleagues to innovate rapidly and in a responsible, risk managed and well governed construct. Prior to AI Hub, Michael set up and led the enterprise-level Digital Assets Unit, accelerating the development of new products and solutions to support our clients’ Digital Asset needs. The unit scope covered expansion of the bank’s core services to digital assets (e.g. launching Digital Asset Custody in 2022, being the first systematically important financial institution to do so).
Michael also led the Global Innovation Centers, where we bring product, service delivery and technology teams together with clients and FinTechs to explore and prototype new solutions addressing clients’ needs.

Technology & Innovation Summit North America · November 2 – 5, 2025 · Austin & Digital
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