M&T Bank Appoints Fannie Mae Veteran Kalyana Bedhu as AI Engineering Head

Buffalo, New York-headquartered M&T Bank has appointed Fannie Mae veteran Kalyana Bedhu as the bank’s new head of artificial intelligence (AI) engineering, M&T Bank Chief Information Officer Linda Tai said in a Tuesday (Aug. 11) post on LinkedIn.

“He will lead the engineering, platforms, architecture and governance capabilities that enable AI innovation and adoption across the bank,” Tai said in the post.

Bedhu was most recently with Fannie Mae, where he served as AI/ML (machine learning) leader and accelerated model transformation with AI/ML and generative AI, according to his LinkedIn profile.

At Fannie Mae, Bedhu scaled enterprise AI capabilities in a highly regulated environment, Tai said in her post.

Before joining Fannie Mae, Bedhu served as engineering leader, AI/ML at Microsoft, and held three positions at Ericsson, most recently head of artificial intelligence, per the profile.

Bedhu said in a Tuesday post on LinkedIn: “Excited to join a team with a strong legacy, firing on all cylinders to modernize and build what’s next. Looking forward to learning from the team, contributing to the journey and helping turn the possibilities of AI into meaningful impact for M&T and our customers.”

M&T Bank provides a branch and ATM network that spans the eastern United States from Maine to Virginia and Washington, D.C. In addition, M&T Bank and Wilmington Trust-affiliated companies provide trust-related services in select markets in the U.S. and abroad, according to a July 15 press release.

M&T Bank employs 2,000 technologists across more than 300 teams and spent over $1.2 billion on technology in 2025, M&T Bank Chairman and CEO René Jones wrote in an annual message to shareholders that was released in March.

“Our focus remains on developing talent and strengthening reliability, availability, resiliency and agility,” Jones said in the message, speaking of what he called the bank’s technology transformation. “Our strength comes from the expertise of our people and the disciplined way we leverage technology to deliver great banking fundamentals.”

The PYMNTS Intelligence report “Financial Services Pulls Ahead in the Enterprise AI Race” found that the financial services sector has deeply embedded AI into tasks such as revenue recognition, credit scoring and sales forecasting.