Ant Financial Appoints Artificial Intelligence Pioneer Michael I. Jordan as Chairman of its Scientific Advisory Board

Hangzhou, China – May 27, 2017 – Ant Financial Services Group, one of the world's leading digital financial services providers, announced that University of California Berkeley Professor Michael I. Jordan has been appointed Chairman of Ant Financial’s newly formed Scientific Advisory Board. Professor Jordan is a world-renowned researcher and pioneer in the fields of artificial intelligence and machine learning. In January, Ant Financial became a founding sponsor for UC Berkeley’s RISELab, which aims to improve how machines make intelligent decisions based on real –time input.

"I’m thrilled to join the Ant Financial Scientific Advisory Board," said Professor Jordan. "I believe strongly in Ant’s vision of leveraging technology for financial inclusion. AI and machine learning have a vital role to play in making this vision a reality. We have built trust at RISELab and I look forward to working with Ant’s team."

Currently the Pehong Chen Distinguished Professor in the Department of Electrical Engineering and Computer Science and the Department of Statistics at the UC Berkeley, Professor Jordan is also a member of:
The American Academy of Arts and Sciences
The National Academy of Engineering
The National Academy of Science
The American Association for the Advancement of Science (fellow)
The American Statistical Association (fellow)
The Association for the Advancement of Artificial Intelligence (fellow)
The Institute of Electrical and Electronics Engineers (fellow)
The Institute of Mathematical Statistics (fellow)

Professor Jordan is joining Ant Financial’s Scientific Advisory Board as its Chairman. This advisory board will be comprised of more scientists in fields central to Ant Financial’s ongoing technology development, including AI, security, computing infrastructure, blockchain and biometrics.

"Michael's expertise in AI and machine learning will be invaluable to our team's efforts in advancing security, real-time decision making, personalized recommendations, risk management and more," said Cheng Li, CTO of Ant Financial. "We look forward to working with Michael and the Scientific Advisory Board to develop and apply cutting-edge technologies that address critical challenges in digital financial services and we believe real-world problem solving in such a large scale is going to help advance scientific research.”

About Ant Financial
Ant Financial Services Group is focused on serving small and micro enterprises, as well as consumers. Ant Financial is building an open ecosystem of Internet thinking and technologies while working with other financial institutions to support the future financial needs of society. Businesses operated by Ant Financial Services Group include Alipay, Ant Fortune, Zhima Credit and MYbank. For more information on Ant Financial, please visit our website at or follow us on Twitter @AntFinancial.

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Anna Wang
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