Doug Hague, founding executive director of the School of Data Science, has been appointed to the North Carolina Innovation Council by Sen. Phil Berger and the North Carolina General Assembly. Hague, who was selected as one of two academic representatives on the council, has experience in both industry and academia.
The North Carolina Regulatory Sandbox Act, signed into law in October, establishes a flexible regulatory environment for the financial services and insurance industries to respond quickly to new products, services and unique business models. Created to spur innovation and entrepreneurship in the Fintech industry, similar legislation has been passed in several other states.
The 11-member North Carolina Innovation Council, established by the legislation, sets standards, principles, guidelines and policy priorities for the regulatory sandbox and approves admission into the program. Members of the council have backgrounds in financial services, insurance, blockchain, Insurtech or entrepreneurship.
Following a successful career in the financial services, manufacturing and telecommunications industries, including serving as the chief analytics officer for Bank of America’s Merchant Services division, Hague joined UNC Charlotte.
UNC Charlotte’s School of Data Science, the Carolinas’ first school of data science, taps the Charlotte region’s expansive ecosystem of research, industry and community engagement to apply a visionary lens to the education and application of data science. The School of Data Science brings together brilliant minds through an interdisciplinary partnership, while bridging the gap between society and technology, amid the chaos of data.