NIRI Announces Policy Statement on AI in IR

 

September 23, 2024 — NIRI: The Association for Investor Relations has released a Policy Statement on the use of Artificial Intelligence (AI) in Investor Relations (IR).  

NIRI believes that AI will be transformational to the IR profession and will increasingly be used for a broad range of IR activities. Given the rapid and recent advancements in AI technology, it is important for IR professionals to stay informed about both the opportunities and challenges presented by AI.  

This new NIRI Policy Statement on AI in IR, which is available on the NIRI website, outlines the risks and opportunities of AI deployment, both in general and specific to the IR profession, and provides actionable practices for both individual practitioners and for companies to consider in adopting AI products. Recommendations fall into the broad categories of education, governance, and IR use-case considerations.

“I want to thank the NIRI Board of Directors for recognizing the significance of AI technology in our capital markets, and the importance of NIRI, as steward of the IR profession, in providing guidance on its use to investor relations officers and public companies more broadly,” said NIRI President and CEO Matthew Brusch, CAE. “I also want to thank the thought-leader members of the NIRI AI in IR Working Group for their volunteer work in developing these important guidelines.”
 
The members of the NIRI AI in IR Working Group include:
  • Clay Bilby, IRC, Working Group Chair, NIRI Board  
  • Erik Carlson, COO, Notified  
  • Andy Detwiler, CEO, Virtua Research, NIRI Board
  • Victoria Hyde-Dunn, VP IR, Informatica
  • Gregg Lampf, IRC, VP IR, Ciena  
  • Rajesh Mehan, CMA, CTP, IRC, Vice President, Finance & Treasurer, Steelcase, Inc., NIRI Board
  • Evan Pondel, IRC, CEO, Triunfo Partners
  • Marc Silverberg, Managing Partner, Head of Energy, Sustainability & Modern Mobility IR, ICR
  • Tim Stahl, Chief Revenue Officer, Q4
  •  Chris Symanoskie, IRC, SVP, Corporate Development and IR, Atomic Biometrics

Those interested in learning more about AI in IR are invited to participate in the upcoming NIRI 2024 AI Summit, to be held October 1-2, 12-2:30pm ET each day. This seminar is designed to provide practical knowledge and tools on AI applications that attendees can begin implementing in their IR programs immediately. For more information and registration, please visit: www.niri.org/ai-summit-2024.

About NIRI: The Association for Investor Relations
Founded in 1969, NIRI is the professional association of corporate officers and investor relations consultants responsible for communication among corporate management, shareholders, securities analysts, and other financial community constituents. NIRI is the largest professional investor relations association in the world with members representing over 1,500 publicly held companies and $12 trillion in stock market capitalization.