NC Innovation Council
NC Innovation Council
Guiding North Carolina’s Regulatory Sandbox to accelerate safe, real-world innovation.
Tab/Accordion Items
- Fintech – advance innovations in financial services while ensuring consumer protection and regulatory compliance
- Insurtech – support new insurance models, fair pricing, and claims innovations within a compliant framework
- Emerging Technology – encourage responsible adoption of AI, blockchain, and data privacy solutions in regulated financial and insurance markets
- Consumer Outcomes – enhance safety, transparency, and equitable access to financial and insurance products
- Drive innovation and growth by encouraging participation in the Sandbox
- Set standards and priorities for the innovations the Sandbox supports
- Manage admissions and assign participants to the right State agency
- Establish rules and oversight for applications, waivers, operations, and participant removal
The Council includes representatives from state government, academia, and industry.
- State Officials/Designees: NC Commissioner of Banks, NC Commissioner of Insurance, NC Secretary of State, NC Attorney General (or designees)
- Governor Appointees: Two public members
- Lieutenant Governor Appointee: One public member
- General Assembly Appointees: Two from academia, two from entrepreneurial/blockchain communities
Member List
Public and Sector Appointees
| Name | Location | Appointed By |
|---|---|---|
| Douglas Hague - Chair | Matthews, NC | Sen. Berger |
| Agnes Gambill West - Vice Chair | Boone, NC | Lt. Governor Robinson |
| Lawrence Baxter | Durham, NC | Governor Cooper |
| Stephanie Castagnier Dunn | Wilmington, NC | Speaker Moore |
| Vijay Srinivasan | Charlotte, NC | Governor Cooper |
| Vacant | Speaker Moore | |
| Vacant | Sen. Berger |
Government Appointees
| Name | Organization/Regulatory Agency |
|---|---|
| Commissioner Katherine M.R. Bosken | NC Office of the Commissioner of Banks |
| Robert Croom | NC Department of Insurance (Designee) |
| Leo John | NC Secretary of State (Designee) |
| Phil Woods | NC Department of Justice (Designee) |