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Posh AI announces Barbara Yastine as a Strategic Advisor

BOSTON, MA (March 7, 2023) — Posh AI, the best-of-breed conversational AI platform for banks and credit unions, today announced the addition of Barbara Yastine as a board observer and strategic advisor, effective March 7, 2023. With 30-plus years of industry experience, Barbara further strengthens Posh’s deep expertise in the banking and conversational AI space.

Barbara is the former Chair, CEO and President of Ally Bank, following 15 years at Citigroup and Credit Suisse First Boston. Her experience spans retail banking, consumer lending, investment/corporate banking, capital markets, insurance, asset management and wealth advisory. She currently serves on the boards of directors of Alkami Technology, Zions Bancorporation, AXIS Capital and Primerica Corporation. She is also an advisory board member at MissionOG, Radicle Impact Partners and MoCaFi. Barbara has been ranked among The Most Powerful Women in Banking by Fortune Magazine and has served as the national chair of Ernst & Young’s Entrepreneur of the Year competition for financial services. She holds a B.A. and M.B.A. from New York University.

“We are excited to have Barbara join the Posh team,” says Karan Kashyap, co-founder and CEO. “We will benefit from her experience as a business leader, digital disrupter and successful operator. She is held in high regard for her customer first approach and challenging the status quo, and her insights into finance, banking strategy and operations are already resonating with our mission at Posh. We are grateful to have Barbara alongside us for what’s to come.”

“It is an incredible time to join in on the discussion around conversational AI,” says Ms. Yastine. “This technology has made good inroads in banking. But it has yet to fulfill its full promise of dramatically improving the customer experience, deepening customer engagement, generating substantial cost efficiencies and added revenues, and freeing up employees to focus on adding real value for customers. Posh’s sole focus on banking has already established the company as best of breed for the industry. I have every confidence that, under the leadership of this very talented, passionate management team, Posh will lead the industry in short order.”

In 2023, Posh will be focusing on growth with a spotlight on supporting client initiatives, maintaining rapid growth, and investing in technology R&D.


About Posh

Posh’s mission is to accelerate the responsible adoption of AI for financial institutions, empowering them to best serve their communities. Posh’s AI solutions span digital and voice channels. They are purpose-built to address challenges unique to the financial services industry, such as: alleviating long wait times in favor of warm, conversational customer self-service, enabling 24/7 access to banking services, creating lead-generation opportunities without compromising VIP customer service, and streamlining knowledge management. Founded in 2018 by Karan Kashyap and Matt McEachern in Boston, MA, Posh has raised over $36M in financing from leading fintech investors, including Canapi, JAM FINTOP, Curql, and TruStage, as well as direct investments from dozens of financial institutions themselves.

Contacts

Patricia Hui
PR & Communications Manager
patricia.hui@posh.ai

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