FAIrMindFAIrMindADVISORY
FAIrMind Advisory

Senior counsel for
board-level AI governance.

Eighteen years architecting enterprise risk programmes — operational, credit, fraud, third-party, business continuity, and AI risk — for organisations operating under RBI, IRDAI, the EU regulatory perimeter, and global standards bodies. You won't be handed off to a junior team.

The board is asking the AI risk question. Most CROs do not yet have an answer in writing.

Three pressures are landing on the same desks at the same time — and most existing advisory motions do not close them at the speed boards now expect.

REGULATOR

Conformity has moved from concept to evidence.

EU AI Act high-risk obligations land 2 December 2027 (Digital Omnibus, approved by the European Parliament 16 June 2026), with transparency duties already binding from August 2026. RBI, IRDAI and DPDP scrutiny on AI-driven decisions is tightening monthly. Boards are being asked for documentary evidence, not slide decks.

AUDIT COMMITTEE

"How do we govern AI?" is now on the agenda.

The honest answer most CFOs and CROs give is some version of "we are working on it." That answer survives one quarter — not three. Committees want an operating model, not an intent.

DIRECTOR LIABILITY

The standard of care is rising.

Directors who cannot demonstrate informed oversight of AI decisions face increasing personal exposure. Senior counsel who can architect the evidence — not just describe it — is now a board-level need.

Three reasons most AI advisory misses.

You have looked at the alternatives. None of them quite fits the moment.

BIG 4

Hands you to juniors.

You buy the partner's name. The work is delivered by a 2-year analyst with a methodology PDF, a junior engagement, twice-figures, partner shows up at the steering committee. The senior who sold the deck is rarely the senior who delivers it.

BOUTIQUES

Lack the cross-domain picture.

You hire a lawyer for the EU AI Act. They produce excellent advice on a single statute. You then need someone to translate it into a risk register, KRIs, board reporting and an audit-ready file. The boutique stops where the operating work begins.

IN-HOUSE

In-house teams lack the time.

Your CRO, GC and head of Internal Audit are already running BAU. None of them has eight clear weeks to architect an AIMS from scratch. They need a senior hand they can lean on for a defined window, not a permanent hire.

Meet your advisor.

You will not be handed off. The senior on the deck is the senior delivering the work.

Prashant Kumar

Prashant Kumar

Founder, FAIrMind

Global Risk + Responsible AI

linkedin.com/in/prashantkumarprofile →

Global Risk and Responsible AI Leader.

Eighteen years architecting AI governance and enterprise risk programmes across BFSI, technology, and global services — operational, credit, technology, infosec, fraud, third-party, business continuity and AI risk — for organisations operating under the EU regulatory perimeter, CBUAE, RBI, and global standards bodies. Currently leading Group Risk and Responsible AI at The DDC Group, where the AIMS is being built in production across multiple high-risk AI use cases.

ISO 31000 + 22301 + 42001 + 23894

Multi-standard governance architecture

RBI + IRDAI + DPDP Act

Indian regulatory perimeter

Board + Audit Committee reporting

Director-level governance counsel

EU AI Act + NIST AI RMF

Conformity assessment + risk framework

Three Lines + COSO ERM

Enterprise risk operating model

Operating practitioner

Architecting AIMS in production, not theory

Three ways to engage.

Fixed scope and fixed price wherever possible. Senior delivery throughout.

SPRINT

AIMS Readiness Sprint

6 weeks · Fixed-price

  • Inventory of in-scope AI systems
  • ISO 42001 gap analysis (clauses 4–10 + Annex A)
  • AI Risk Register populated with real risks
  • Use Case Intake and FRIA templates installed
  • Board readout + remediation roadmap

You finish audit-ready for ISO 42001 stage 1 and EU AI Act Article 9 risk-management evidence.

PROJECT

EU AI Act Conformity

8–12 weeks · Project-based

  • Articles 9–17 evidence assembly
  • FRIA workshops across high-risk systems
  • Annex IV technical-documentation pack
  • Declaration of Conformity preparation
  • Post-market monitoring framework

For providers of high-risk AI systems placing on the EU market — your conformity file in one place.

RETAINER

Board AI Advisor

Monthly · Standing engagement

  • Monthly Board / Risk Committee briefing
  • Standing review of new AI deployments
  • KRI dashboard review and refresh
  • Crisis support — incident, regulator inquiry
  • Director-level fractional advisor

For Boards and Audit Committees that need a senior voice in the room every month, not every quarter.

What you walk away with.

Operating artefacts, not just slides. Auditable. Maintainable. Yours.

  • AI System Inventory — every in-scope system, risk tier, owner, lifecycle stage
  • AI Risk Register — AI-specific risks with treatment plans
  • Impact Assessments (FRIA + AIIA) — EU AI Act Article 27 + ISO/IEC 42005
  • Datasets & Lineage Register — EU AI Act Article 10 + ISO 42001 A.7.4
  • Bias & Fairness Test Plan — methodology, cohorts, thresholds, escalation
  • Human Oversight Procedures — EU AI Act Article 14 reviewer roles + decision logs
  • Incident Response Playbook — EU AI Act Article 73 + ISO 42001 A.10.1
  • Board Reporting Cadence — quarterly format, KRIs, escalation thresholds
THE CONFORMITY FILE

A single, indexed file.

At the end of the engagement you hold a single, indexed file — paper or digital — that answers every question a regulator, auditor or board member will ask in the next twenty-four months. Indexed. Versioned. Owned by you.

If you continue with the Console: every artefact above also lives as a queryable register inside FAIrMind Console — version-controlled, audit-trailed, board-ready.

Where advisory ends, the Console keeps going.

You do not lose what we build the moment the engagement closes.

ADVISORY

Builds the AIMS.

  • Defines policy, roles, controls
  • Conducts the impact assessments
  • Stands up the registers
  • Trains your team
  • Briefs the Board

Senior delivery. Time-bounded. Result-bounded.

CONSOLE

Operates the AIMS.

  • 12 AI Governance registers — live
  • 225 framework items mapped + tracked (incl. UAE / GCC)
  • CTEM ingests Garak / PyRIT scans
  • Audit trail + board dashboards
  • Runs whether we are there or not

Browser-native. Deployable in days. Your AIMS, your data.

Every Advisory engagement includes 12 months of Console use at no additional cost. After that, standard SaaS terms apply if you continue.

Thirty minutes with the person you would be working with.

Tell me about your AI programme — what is live, what is coming, what regulators are asking. I will tell you, plainly, whether FAIrMind Advisory is the right answer.

Book the strategy call →
solutions@fairmind.tech · linkedin.com/in/prashantkumarprofile