Karen Gilmore, Vice President & Regional Executive, Federal Reserve Bank of Atlanta, Miami Branch
Karen is a vice president and regional executive at the Miami Branch of the Federal Reserve Bank of Atlanta. On behalf of the bank, she is responsible for the Miami Branch’s board of directors, leads Miami’s community economic development outreach activities and oversees its economic and financial education programs. As part of the Regional Economic Information Network she is responsible for economic intelligence gathering in the local business and academic community to support the Atlanta Bank’s contributions to the monetary policy process.
Before joining the Bank, Karen was a managing partner at Applied Consulting Solutions, a Miami-based firm that specializes in bank consulting in credit risk, lending production including underwriting and loan approvals, compensation and incentive plans, corporate strategic planning, budgeting, and business plan development.
Karen previously held senior leadership roles at City National Bank of Florida in Miami, serving as executive vice president and senior lending executive from August 1998 to January 2009 responsible for all of the lending activities of the company. Karen assumed the position of chief risk officer from January 2009 to May 2010 with responsibility for credit and regulatory risk management for all business lines. She also served as senior vice president and private banking group manager at Bank of America and senior vice president at Intercontinental Bank.
Karen is an active member of the Miami business community. She serves as a director and chair emeritus of Health Foundation of South Florida. Karen has served as a member of the Healthy Aging Regional Collaborative, a Health Foundation Initiative, focused on providing community based delivered services to support healthy aging. She formerly served on the YWCA-USA’s board of directors and on the Asset Management Committee. Karen is also a former president, vice president and treasurer for the YWCA of Greater Miami promoting the values and the mission of the organization in south Florida.
Karen serves on the board of directors for the Florida Council of Economic Education whose mission is to ensure that Florida k-12 students learn about economics and the free enterprise system. Karen also is a board member of the Center for Financial Training, which provides educational offerings to advance knowledge in finance and banking. She also serves as a director for the Florida Institute for Health Innovation and is a member of the International Women’s Forum. She has been recognized as one of the Power Leaders in Banking & Finance in South Florida by the South Florida Business Journal.
She is a former trustee for the Miami Chamber of Commerce. She earned a bachelor’s degree from the University of Central Florida.