Winning in the AI Era: Highlights from Iron Mountain India’s Participation at FIBAC 2026
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Iron Mountain's participation at FIBAC 2026 was an opportunity to contribute to the digital transformation and AI-adoption priorities of the banking industry in India and also to demonstrate how data and information management can help build a more secure, connected, and AI-ready future for banking.
The banking industry is entering a new era, one where AI, data and digital transformation are reshaping how financial institutions operate, serve customers and build for the future.
Reflecting this evolving landscape, FIBAC 2026 was held on 11–12 August in Mumbai under the overarching theme of "Winning in the AI Era: The New Playbook for Indian Banks," with discussions spanning AI, digital transformation, operations, technology, and the future of banking.
About FIBAC
Organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Indian Banks’ Association (IBA), FIBAC brings together senior banking leaders, technology experts and industry stakeholders to explore the opportunities and challenges shaping the future of financial services.
For banks, winning in the AI era requires more than adopting AI—it requires trusted, accessible and well-governed information to power it. As financial institutions modernise operations and embed AI into processes and decision-making, the ability to connect information, strengthen governance and transform unstructured data into AI-ready intelligence becomes increasingly critical. This is where Iron Mountain’s capabilities closely align with the ambitions at the heart of FIBAC 2026.
As a Silver Partner at FIBAC 2026, Iron Mountain brought this perspective to the industry conversation, engaging with financial services leaders and showcasing how we help banks build the information foundations for digital and AI-led transformation. From managing and digitising information to enabling intelligent document processing and digital workflows across commercial lending, client onboarding and back-office operations, our capabilities help financial institutions streamline processes, strengthen governance and turn information into greater business value.
Key Highlight: Panel Discussion on Redefining the Banking Workforce in the Age of AI
These questions around transformation, technology, and people came together during a panel discussion on ‘The Augmented Banker: Redefining Roles in the Age of AI’, where Avartan Bokil, Chief of Growth Businesses at Iron Mountain, joined this panel discussion. The discussion examined how AI is changing roles across banking, the potential for workforce augmentation and productivity, and what it will take for organisations to reskill at scale and manage change as the banking workforce evolves.
Avartan shared the stage with Binod Kumar, MD & CEO, Indian Bank; Ratan Kumar Kesh, ED & CEO, Bandhan Bank; Subrat Kumar, ED, Bank of India; Tushar Vikram, Country Head & CEO, Mashreq; and Anjan Pande, VP, Value Consulting, BusinessNext, with the discussion moderated by Anshuman Upadhyay of BCG.
AI will change how work gets done in banking, but people will remain at the centre of that change. The opportunity is to use AI to help teams work smarter, make better decisions, and focus on where they can add the most value.
The conversation highlighted an important dimension of the AI transition: technology and people must evolve together. For financial institutions, this means creating the information and operational foundations that allow employees to work more effectively with AI while maintaining the governance, security and control required in a highly regulated industry.
High-Impact Engagement and Conversation at Booth #9
The conversation continued at Iron Mountain’s Booth 9, which served as an engagement hub throughout the two-day event. The team connected with senior stakeholders across the banking industry, with conversations spanning the transition from physical to digital information, building AI-ready ecosystems, and strengthening information governance.
Interactions with organisations including Axis Bank, Indian Bank, Bank of India, Union Bank, Tata Capital, IDFC FIRST, IDBI, and Aditya Birla Capital provided an opportunity to understand the evolving priorities of financial institutions and exchange perspectives on their transformation journeys.
The participation at FIBAC 2026 thus served as a pivotal platform to align Iron Mountain's core strengths in physical and digital information management with the urgent technological evolution currently redefining India's financial landscape.
Build the AI-Ready Banking Ecosystem with Iron Mountain
As financial institutions accelerate their AI adoption strategies, bridging physical and digital data silos remains critical. To bridge this gap effectively, organisations require partners capable of structuring unstructured data securely.
From information management and digitisation to intelligent document processing and digital workflows, Iron Mountain is helping financial institutions build more connected, secure and efficient operations, creating stronger foundations for the next phase of banking transformation.
Want to learn more about how Iron Mountain supports financial institutions in India?