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Equal, one of India’s leading secure data sharing platforms, and its strategic investee OneMoney have appointed Justice B.N. Srikrishna, former Supreme Court Judge as Chairman of their newly formed Advisory Board.
This Board will guide both companies in advancing secure, consent-driven data sharing, ensuring compliance with regulatory norms, and fostering ethical data practices in the evolving digital landscape.
Justice B.N. Srikrishna, known for his pivotal role in shaping India’s data protection framework, brings decades of legal expertise and a profound understanding of how to harmonize individual rights, economic growth, and national interests.
As Chairman, he will steer the efforts of Equal and OneMoney to uphold the highest standards of security, compliance, and consent-based data-sharing norms in a rapidly evolving digital economy.
“I am delighted to work with Equal and OneMoney as the Chairman of their Advisory Boards. Their commitment to enabling secure, compliant, and consent-driven data sharing aligns closely with my work in safeguarding privacy and fostering trust in technology-based democratization of products and services” said Justice B.N. Srikrishna. “As Chairman of the Advisory Board, I look forward to collaborating on solutions that balance individual rights and aspirations, economic growth, and stability of the society. Together, we aim to create frameworks that not only drive innovation but also set global benchmarks for ethical data usage and business practices. This Advisory Board is a testament to the company’s unflinching commitment to accountability and governance.”
The Advisory Board, comprised of distinguished leaders across law, finance, technology, and public policy, will guide Equal and OneMoney in key areas, including regulatory compliance, ethical data practices, governance frameworks, and technological innovation.
Its members include:
(1) Justice B N Srikrishna, Former Supreme Court Judge and an eminent authority on data protection.
(2) Jagdish Capoor, Former Deputy Governor of RBI, is well known for his work in banking regulations.
(3) Rakesh Mohan, Former Deputy Governor of the RBI and a leading voice in economic policy and monetary strategy.
(4) Anand Sinha, Former Deputy Governor of the RBI, with deep insights into banking sector reforms and financial regulation.
(5) J. Satyanarayana, Former Chairman of UIDAI, pioneer of e-governance and digital infrastructure.
(6) Ajay Prakash Sawhney, Former Secretary of, the Ministry of Electronics and IT, was instrumental in shaping India’s digital transformation through public platforms like UPI and Digilocker.
(7) P.H. Ravikumar, Founding CEO of NCDEX and a seasoned leader in India’s financial services sector.
(8) Anitha Ramachandran, Independent Director on multiple Boards, and HR expert.
(9) Sunil Kulkarni, Fintech expert and advisor with over three decades of leadership in digital banking and payment solutions.
Speaking on the appointment, Keshav Reddy, Founder of Equal said, “At Equal, we are committed to empowering Indians to live better lives through better access to credit, employment, and healthcare. We are deeply grateful to have one of the most distinguished advisory boards in India, whose expertise and guidance are instrumental in ensuring our initiatives align with the highest standards of compliance, transparency, and accountability. Having Justice Srikrishna at the helm of our Advisory Board, along with such an esteemed group of experts, reinforces our commitment to innovation, accountability, and making India a global leader in trusted data practices.”
“Digital Consent helps to reduce, if not remove, the asymmetry in power and knowledge that likely exists between a corporation and an individual. AA democratizes the financial sector by establishing a balance in exchanges between two unequal parties. Democratization is achieved by both fair exchanges and sachetisation of products and services, leading to the realization of financial inclusion,” Krishna Prasad, Founder of OneMoney further added.