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David Vélez and Robin Vince: New Pillars of the OpenAI Foundation

🤖 Models & LLM·Tom Levy·

David Vélez and Robin Vince: New Pillars of the OpenAI Foundation

David Vélez and Robin Vince: New Pillars of the OpenAI Foundation
Key Takeaways
1David Vélez from Nubank and Robin Vince from BNY join the boards of OpenAI.
2Their expertise in technology and finance will strengthen OpenAI's mission of beneficial AI for all.
3Vélez and Vince also bring a strong philanthropic commitment to health, education, and the arts.
💡Why it mattersTheir arrival could accelerate OpenAI's global impact by combining technological innovation with social responsibility.
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Full Analysis

David Vélez and Robin Vince: New Influential Members at OpenAI

The OpenAI Foundation and OpenAI PBC have just announced the arrival of two major figures to their boards: David Vélez and Robin Vince. David Vélez is the founder and CEO of Nubank, the largest digital bank in Latin America, while Robin Vince serves as the president and CEO of BNY, a renowned financial institution.

These two leaders bring a unique perspective on the impact of technology in transforming industrial sectors and driving economic growth. Their experience at the helm of global organizations, navigating through technological evolutions and changing markets, has allowed them to combine bold innovation with strict governance, all while focusing on creating sustainable value for their users.

Philanthropic Commitment and Leadership

In addition to their professional expertise, David and Robin share a deep commitment to philanthropy and leadership in the nonprofit sector. Their involvement in the fields of health, education, and the arts is backed by decades of experience in building institutions aimed at expanding access and economic opportunities.

Bret Taylor, chair of the boards of the OpenAI Foundation and OpenAI PBC, expressed his enthusiasm: “David and Robin are exceptional leaders who have harnessed technology to transform financial services and expand opportunities on a global scale. Their experience will be invaluable to OpenAI, which strives to ensure that AI benefits everyone.”

Perspectives on AI and Innovation

David Vélez emphasized the importance of technology as a lever to broaden access and opportunities, insisting that AI has the potential to help individuals, businesses, and economies achieve more. He expressed eagerness to contribute to OpenAI's efforts to make AI useful for all.

Robin Vince, for his part, views AI as the ultimate capability creator, capable of expanding what individuals and institutions can achieve. He believes that to realize this promise, unwavering creativity, strong governance, and responsible deployment are essential. He feels honored to join the boards to contribute to OpenAI's mission.

David Vélez's Journey

David Vélez, a Colombian entrepreneur, founded Nubank in 2013 after recognizing the challenges of traditional banking in Brazil. Under his leadership, Nubank has become one of the largest digital financial services platforms in the world, with over 135 million customers. The company, which has simplified and made access to financial services more transparent, is now expanding into the United States after receiving conditional approval to establish a national bank.

Before Nubank, David was a partner at Sequoia Capital, focusing on Latin America, and worked in investment banking at Goldman Sachs, Morgan Stanley, and General Atlantic. Together with his wife, Mariel Reyes, he also leads VélezReyes+, a philanthropic platform focused on democratic governance and education in Latin America.

Robin Vince's Trajectory

Robin Vince is at the helm of BNY, a financial services company with over 240 years of history. Since becoming CEO in 2022, he has led a major reinvention of the company, simplifying its operational model and accelerating investments in AI and data. He has also strengthened BNY's culture of innovation and execution.

Prior to BNY, Robin spent 26 years at Goldman Sachs, where he held various leadership positions, including head of risk, treasurer, and COO for the EMEA region. He is involved in several boards and organizations, including the Hospital for Special Surgery and the Perelman Performing Arts Center. He is also a member of several international economic and financial boards.

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