SMFG to establish agentic AI firm in Singapore

Ahmed Jamil Mazhari has been named CEO and SMFG’s AI transformation advisor.

Sumitomo Mitsui Financial Group (SMFG) is also establishing an agentic AI solutions company in Singapore and has named Ahmed Jamil Mazhari as its CEO.

The agentic AI venture will develop enterprise agentic AI solutions. It will build a new intelligence layer for the enterprise, one where AI agents learn, reason, and act autonomously in complex business environments.

Separately, Mazhari will serve as groupwide AI transformation advisor. He is tasked with being the executive advisor for AI transformation in SMFG.

His tasks include building a future-ready AI talent force and developing internal AI proficiency.

He is also tasked with modernizing SMBC Group’s digital infrastructure in real-time, enterprise-wide AI workflows.

Mazhari has spent 20 years in leadership positions at organizations including GE Capital, Genpact, and Microsoft. He was a founding member of Genpact.

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Sumitomo Mitsui Banking Corporation

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