Lloyds Banking Group to hire 300 tech experts to work on AI

News of Lloyds's AI recruitment drive comes as the group's chief executive prepares to unveil a strategic plan. News of Lloyds's AI recruitment drive comes as the group's chief executive prepares to unveil a strategic plan. Lloyds Banking Group has launched an AI recruitment drive for 300 tech experts, weeks before its chief executive, Charlie Nunn, unveils a strategic plan for the 261-year old lender. The bank said it intended the recruits to work on its use and development of agentic AI by September, referring to autonomous artificial intelligence models that can plan and execute tasks with minimal human oversight. While the hiring drive is will increase Lloyds' headcount for now, the group did not rule out its broad adoption of AI leading to job cuts in the future. Trystan Davies, group head of data and AI science, said: "AI will reshape how organisations are structured.