In the ever-evolving world of financial technology, Amarprit Kohli stands out as a visionary leader committed to reshaping the industry. As Vice President and Technology Lead at Deutsche Bank, Kohli brings over 24 years of expertise in transformation, digitalization, and cutting-edge technology implementation. His work focuses on building robust fintech platforms, maximizing automation, and developing strategic technology roadmaps to revolutionize financial services.
Kohli’s journey began with a Master’s degree in Technology from the Institute of Technology Management, which provided a solid foundation in finance and technology. His early career involved developing medical software, aiding doctors in performing complex surgeries—an experience that instilled in him the transformative power of technology.
Transitioning to financial services, Kohli has worked with industry titans like J.P. Morgan, Barclays, and Deutsche Bank, spearheading initiatives that enhanced customer experiences, streamlined operations, and significantly reduced operational costs. From eliminating legacy systems to introducing advanced platforms, his contributions have positioned organizations at the forefront of technological innovation.
As an ardent advocate for leveraging emerging technologies, Kohli is particularly enthusiastic about the role of artificial intelligence (AI), blockchain, and open banking in accelerating business growth. He believes these innovations hold the potential to redefine how consumers and businesses interact with financial services, making them more accessible and efficient.
“AI, blockchain, and open banking are not just buzzwords,” says Kohli. “They are the tools that will drive the next wave of innovation in the financial sector.”
With AI taking center stage in the technological revolution, Kohli acknowledges its transformative potential while emphasizing the irreplaceable value of human intelligence. He underscores six key reasons why AI cannot fully replace humans:
- Emotional Intelligence: AI lacks the depth to understand and process human emotions.
- Algorithm-Based Thinking: While efficient, AI operates within pre-defined algorithms, missing human intuition.
- Limited Creativity: AI can replicate creativity but cannot generate original ideas.
- Human-Centric Origin: AI remains a product of human innovation and ingenuity.
- Fact-Checking Dependency: Human oversight is crucial to ensure AI’s outputs are accurate.
- Soft Skills: Interpersonal and social skills remain uniquely human traits.
“AI will complement human efforts, not replace them,” Kohli asserts. “The future lies in collaboration, where humans and AI work together to achieve unprecedented advancements.”
Outside his professional endeavors, Kohli is passionate about promoting financial literacy and mentoring the next generation of talent. He actively participates in industry events, sharing his insights and fostering collaborations to advance the fintech landscape.
As technology continues to transform financial services, Amarprit Kohli’s leadership exemplifies how strategic innovation and human ingenuity can shape a more efficient and accessible financial ecosystem. His dedication to harnessing the power of technology, coupled with a commitment to nurturing future talent, makes him a driving force in the fintech industry.
For Kohli, the journey is clear: “The future of finance is not just about adopting technology—it’s about transforming how we think, work, and innovate.”
