Wells Fargo Appoints Cayetano Gea-Carrasco as Head of AI and Data for Consumer Banking

Wells Fargo Strengthens AI Leadership with Strategic Appointment

Wells Fargo announced the appointment of Cayetano Gea-Carrasco as Head of AI and Data for Consumer Banking and Lending, marking a significant leadership change as the financial giant accelerates its Enterprise AI transformation.1

1

Based in San Francisco, Gea-Carrasco will report to Saul Van Beurden, head of Enterprise AI and co-CEO of Consumer Banking and Lending, positioning him at the intersection of technology and customer-facing operations.2

2

Comprehensive Oversight of AI Use Cases and Data Operations

In his new role, Gea-Carrasco will oversee the full lifecycle of AI use cases while working to simplify the data environment across Wells Fargo's consumer operations. His mandate includes accelerating responsible delivery of AI for Consumer Banking and Lending, ensuring that innovation moves in tandem with sound risk management practices. The strategic appointment reflects Wells Fargo's commitment to transforming customer experiences through disciplined AI implementation. Gea-Carrasco will also partner with the Enterprise AI team to scale solutions across the company, extending successful initiatives beyond consumer banking to Wells Fargo's broader operations, which span approximately $2.3 trillion in assets.1

1

Proven Track Record in Enterprise AI Transformation

Gea-Carrasco joins Wells Fargo from BBVA, where he led enterprise AI transformation and managed the global data and analytics organization. His experience spans financial services and risk assessment, having previously spent 15 years at Moody's in senior roles covering software data and analytics.2

2

His academic credentials include an MBA from the MIT Sloan School of Management and graduate degrees in financial mathematics and telecommunications engineering, providing both technical depth and business acumen.

Focus on Speed Without Compromising Safety

"Cayetano understands how strong data and disciplined execution turn AI into better customer experiences," Van Beurden said. "His track record will help us move faster while keeping safety and sound risk management front and center."1

1

This emphasis on balancing AI delivery acceleration with responsible deployment of AI signals Wells Fargo's awareness of regulatory scrutiny and customer trust considerations in financial services. The appointment comes as banks face mounting pressure to modernize technology infrastructure while navigating complex compliance requirements and data environment simplification challenges that have historically slowed innovation in the sector.