AI and Climate Risks in the Banking and Finance Sector Programme
In 2025, Executive Education and the National Institute for Bank Management (NIBM) in Pune, India, partnered to create a programme on AI and Climate Risks in the Banking and Finance Sector.
NIBM was established as an autonomous apex academic institution for research, training, education and consultancy in bank management. It is part of the vision of giving a new direction to the banking industry in India and making the industry a more cost-effective instrument for national development. The Institute aims to support banking managers in their endeavour to make their organisations competitive, both in the domestic and international markets.
The programme was designed for senior executives in banks and financial institutions who oversee corporate strategy, credit operations, sustainability, ESG (Environmental, Social and Governance) and green financing. Programme development was led by Professor Sanjay Banerji and included two modules. The first was delivered in India by NIBM and the second was delivered in the UK by Nottingham University Business School and the Bank of England.
Professor Banerji said:
“Bringing together AI, Machine Learning and Green Finance in this executive programme was a powerful way to shape the future of finance and banking. Partnering with NIBM and engaging senior bankers made it a truly global and impactful initiative bridging innovation, sustainability, and leadership in a way that was both timely and transformative.”
The programme aimed to assess the impact of technology and climate change on systemic and bank-specific risks and to help the delegates to better understand the key policy, regulatory, and market frameworks relevant to technology and climate change risk. Participants explored the nuances of the risk modelling and their practical applications relevant to the economic, social, and financial costs inflicted on financial entities. As a result, they were able to determine how banks can engage and work with their clients and customers to support the transition to a more sustainable economy.
For module 2, in Nottingham, workshops addressed:
- ESG risk management processes and practices, models for responsible banking and investments
- the Bank of England’s approach to climate risks, related prudential regulations and stress-test frameworks
- intelligent automation of banking operations and processes such as credit underwriting, credit scoring and risk management principles using AI and supplementing traditional banking operations
- using AI for enhancing the operational resilience of banks and financial institutions
The module also included cultural visits within the UK and a visit to the Bank of England. Dr Eddie Gerba, Head of Research for the Prudential Regulation Authority (PRA), Bank of England said:
It was a pleasure to welcome the University of Nottingham and a group of senior executives from the Indian banking and institutional sectors to the Bank of England, as part of their executive education and visit to the UK. We shared our approach on monitoring and management of new risks, such as climate and AI, and heard from Indian experience and perspective. A big thanks to David Wilkinson and Andy Walters for sharing their expertise with the Indian delegation.
Reflecting on the programme, Professor Meryem Duygun (Aviva Chair in Risk and Insurance, Nottingham University Business School) added:
“It was a true privilege to contribute to the development and delivery of the Executive Education Programme on AI and Climate Risk in the Banking and Finance Sector, tailored for senior bankers from India. I played a pivotal role in weaving in policy perspectives through our close collaboration with the Bank of England. The on-site visit and workshop proved exceptionally successful, with insights from its experts serving as a powerful capstone to an intensive and rewarding week, equipping participants with actionable strategies and sparking innovative ideas. I look forward to building on this momentum in future collaborations, driving even greater impact at the intersection of AI, climate resilience, and financial leadership.”
Professor Anjan Roy (Professor and Dean of Executive Training at the National Institute of Bank Management), who worked with us to develop the programme, said:
Partnering with the University of Nottingham to co-create this executive programme on AI and Green Finance was a fantastic experience. It brought together global expertise and regional insight, empowering Indian banking leaders with future-focused knowledge. This collaboration truly exemplified the power of international academic partnerships.
This programme was a tailor-made experience, developed to meet the needs of NIBM and its members. If your organisation is interested in developing a similar programme with us, please visit our website or contact us to find out more:
