M&T Bank names AI expert Kalyana Bedhu to lead AI engineering and innovation.

M&T Bank has appointed Kalyana Bedhu, formerly of Fannie Mae and Microsoft, as its new head of AI engineering. Bedhu will oversee AI innovation, platforms, and governance to advance the bank's technology transformation. This move highlights M&T Bank's commitment to leveraging AI for improved banking services and operational efficiency. With over $1.2 billion spent on technology in 2025, the bank aims to modernize and enhance customer impact through AI.