AI Risk & Governance · Southeast Asia · Switzerland

Reto
Gruenenfelder

Independent advice on AI risk and governance, for the institution that carries the risk.

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Reto Gruenenfelder — independent advisor on AI risk and governance
Technology Advisor to the Board, Bursa Malaysia 2019–2022
ex-IBM Distinguished Engineer · 20 years with IBM across Switzerland, Europe and ASEAN
AI risk and governance for boards and risk committees
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Focused on what organisations actually need — locally present, globally connected.

For 40 years I have worked in technology — the first decade in telecommunications, the 30 years since in financial services — starting as an engineer, growing into leadership and ultimately advising organisations at board level on their most consequential technology decisions: capital markets, global banks and government agencies across Asia and Europe. Swiss by origin, I live in Malaysia and run my advisory practice from here.

From 2019 to 2022, I served as Technology Advisor to the Board of Bursa Malaysia. I attended board sessions as an independent technology advisor through the COVID-19 pandemic, advising on IT governance, cybersecurity and digital transformation at the highest level.

Before that, I spent nearly 20 years at IBM in financial services, across Switzerland, Europe and ASEAN — in roles including Distinguished Engineer, responsible for IBM's technology strategy and client advisory. I have worked with banks across Switzerland, Europe and Asia.

Today I work as an independent advisor on AI risk and governance. AI is transforming both business and IT — but in different ways. What AI means for the business is a different question from what AI means for IT. Generative AI is accelerating both: new business models, new risks and new governance obligations — including the need for boards to understand explainable AI (XAI) and where algorithmic decisions can and cannot be trusted. Both are connected, but each requires a different answer. Every one of those decisions carries a cost that builds quietly before anyone sees it. The work now is to find where that cost is building while it is still a decision and not yet a number in the P&L.

40
Years in technology — 30 of them in financial services
2019–2022
Technology Advisor to the Board, Bursa Malaysia
6
Years as CTO Financial Services, IBM ASEAN
7
Patents in internet technology and cloud computing

Three ways I work with you.

01
Monthly Retainer Advisory

For management teams, continuously — thinking alongside you before decisions are made: generative AI adoption, digital transformation, IT governance, cybersecurity strategy.

02
Board & Risk Committee Advisory

For the board and the risk committee — including generative AI and explainable AI (XAI), and the translation of complex technology decisions into terms directors can act on.

03
Independent Programme Review

Before approval, or once a programme is running and the question is whether it still behaves as approved. Whether the risk categories hold, whether the assurance is evidence or a description of policy, and whether accountability has a name on it. The report belongs to the board.

"I work discreetly with a small number of clients on a retainer basis — thinking through scenarios, weighing options, in a room where anything can be said before it has to be defended in the boardroom."


A career built across Switzerland, Europe and Asia.

IBM (Switzerland, Europe, ASEAN), Bursa Malaysia — the full career history is on LinkedIn.

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Digital Spine — A Study in Business Strategy

Digital Spine

Co-author: Vikram Kalkat · NotionPress · Amazon

A framework for aligning technology infrastructure with strategic business objectives — written for executives and technology leaders navigating large-scale digital transformation.

The central thesis: organisations that neglect their technology backbone pay for it when transformation becomes urgent. In the age of AI, this lesson has never been more relevant — especially for Southeast Asian organisations moving fast on digital.

View on Amazon →

An initial conversation costs nothing.

The first step is an open conversation — no commitment, fully confidential. Whether you are a board looking for independent technology oversight, a management team navigating AI adoption, or a risk committee preparing to approve an AI programme, I am happy to talk.

Based in Malaysia — on-site where needed, remote where practical. Also available in Switzerland and across Southeast Asia.

Locations
Malaysia · Switzerland
Languages
English · Deutsch · Français
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