PSG’s AI Governance Process
Roles and Responsibilities
AI Governance Committee • Ensure that the organization’s AI strategy aligns with ethical standards, legal requirements, and business goals. • Contribute to the development and review of AI policies and standards • Approve AI initiatives, provide guidance on AI strategy, and assess AI-related risks. • Monitor and evaluate the performance and ethical implications of AI technologies • Ensure that AI systems are used in a fair and unbiased manner. Chief Technology Officer • Responsible for assessing the technical capabilities of potential AI solutions, ensuring they meet the organization’s needs and standards. • Evaluates vendors’ technological competence, reliability, and track record, which are critical components of the due diligence process. • Ensures that any selected AI technology can integrate seamlessly with existing systems and infrastructure, evaluating compatibility and potential implementation challenges.
Privacy, Risk & Compliance • Oversee the collection, use, and storage of personal data used by AI systems. • Facilitates vendor risk assessment, compliance and privacy impact assessment
Information Security • Develop and implement security measures to protect AI systems and data. • Ensure the confidentiality, integrity, and availability of data used by AI systems. • Facilitate TPSC assessments and periodic security risk and assessments.
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