Michael Akinwumi, PhD
Bio

Michael Akinwumi, PhD

Chief Tech Equity Officer

Michael Akinwumi leads NFHA’s Tech Equity Initiative. The Tech Equity Initiative (TEI) is a multi-faceted effort launched by NFHA to increase the fairness of and re-shape the design of algorithmic systems in the housing and financial services industries. Conducting research to advance the AI fairness field is a cornerstone of the TEI. Dr. Akinwumi coordinates stakeholder activities involving identifying, testing, validating, and publicizing AI-centric underwriting and pricing methodologies which responsibly advance fair lending and fair housing. He is responsible for acquiring and managing data and technologies for the Initiative while managing cross-functional relationships to ensure that solutions that result from the Initiative meet needs across NFHA and of other stakeholders. Previously, Dr. Akinwumi led governance engineering efforts at a FinTech by minimizing exposures to regulatory risks, managed a machine learning-powered recommender system that presents product and service offers to retail customers of a bank, and pioneered the use of machine learning solutions in auto and property insurance pricing of a P&C insurance company. Dr. Akinwumi lives his belief that “only a life lived for others is worth living.”