Lloyds Banking Group Introduces AI 'Board Bot' for Executive Decision Support

Lloyds Banking Group has become the first FTSE 100 firm to deploy a specialist artificial intelligence assistant in its boardroom, reports Scottish Financial News. The AI agent, developed by executive advisory firm Board Intelligence, is being used by executives and board members to analyse confidential information, prepare for meetings, and reduce bias in decision-making.

The system provides guidance across areas such as cybersecurity, sustainability, mergers and acquisitions, and financial analysis. It is designed to operate securely with restricted access, differentiating it from general-purpose AI tools like ChatGPT or Gemini. Lloyds says the technology aims to enable faster analysis and a broader range of perspectives during board preparations.

According to the bank’s corporate governance director, Nicola Putland, the trial is focused on enhancing meeting preparation through improved data access and analysis. Board Intelligence CEO Pippa Begg described this as an initial phase, with future plans for board members to interact with the AI in real time during meetings.

Lloyds reported that its generative AI tools delivered £50 million in value in 2025, with a target to double that figure in 2026 as part of its wider strategy to integrate AI across its operations.