11:31:28 EDT Thu 15 Oct 2026
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Wells Fargo Deepens AI and Data Leadership for Consumer Banking and Lending

2026-10-15 10:00 ET - News Release

Cayetano Gea-Carrasco brings extensive AI, data, and analytics experience


Company Website: https://www.wellsfargo.com/
SAN FRANCISCO -- (Business Wire)

Wells Fargo & Company (NYSE: WFC) today announced that Cayetano Gea-Carrasco is joining the company as head of AI and Data for Consumer Banking and Lending. He will report to Saul Van Beurden, head of Enterprise AI and co-CEO of Consumer Banking and Lending and will be based in San Francisco.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261015196884/en/

Cayetano Gea-Carrasco will join Wells Fargo as the head of AI and Data for Consumer Banking and Lending.

Cayetano Gea-Carrasco will join Wells Fargo as the head of AI and Data for Consumer Banking and Lending.

Gea-Carrasco will oversee the full lifecycle of AI use cases, simplify the data environment, and accelerate responsible delivery of AI for Consumer Banking and Lending. He also will partner with the Enterprise AI team to scale solutions across the company.

“Customers do not think about channels. They expect us to know them, make banking easier, and be there when they need us,” said Van Beurden. “Cayetano understands how strong data and disciplined execution turn AI into better customer experiences. His track record will help us move faster while keeping safety and sound risk management front and center.”

Gea-Carrasco joins Wells Fargo from BBVA, where he led enterprise AI transformation and its global data and analytics organization. He previously spent 15 years at Moody’s in senior roles spanning software data and analytics. He holds an MBA from the MIT Sloan School of Management and graduate degrees in financial mathematics and telecommunications engineering.

“Wells Fargo’s scale and depth of customer relationships create a powerful opportunity to put AI to work,” Gea-Carrasco said. “I’m joining to make everyday banking simpler for our customers and deliver measurable business outcomes, with the controls and accountability our customers expect.”

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.3 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 38 on Fortune’s 2026 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com
LinkedIn: https://www.linkedin.com/company/wellsfargo

Cautionary Statement about Forward-Looking Statements

This news release contains forward-looking statements about our future financial performance and business. Because forward-looking statements are based on our current expectations and assumptions regarding the future, they are subject to inherent risks and uncertainties. Do not unduly rely on forward-looking statements as actual results could differ materially from expectations. Forward-looking statements speak only as of the date made, and we do not undertake to update them to reflect changes or events that occur after that date. For information about factors that could cause actual results to differ materially from our expectations, refer to our reports filed with the Securities and Exchange Commission, including the discussion under “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the Securities and Exchange Commission and available on its website at www.sec.gov.

News Release Category: WF-LO

Contacts:

Media
Natalie Bailey, 980-529-1167
Natalie.Bailey@wellsfargo.com

Investor Relations
John Campbell, 415-396-0523
john.m.campbell@wellsfargo.com

Source: Wells Fargo & Company

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