For immediate release: Jan. 7, 2014
Karen Gilmore has been named vice president and regional executive for the Federal Reserve Bank of Atlanta's Miami Branch, announced Dennis Lockhart, president and chief executive officer of the Atlanta Fed. Gilmore assumes responsibility for the Miami Branch's board of directors and for economic intelligence gathering in the local business and academic communities to support the Bank's contributions to the monetary policy process. She will partner with the District's other regional executives in carrying out the objectives of the Regional Economic Information Network and will also oversee the branch's economic and financial education programs.
Gilmore joins the Bank from Applied Consulting Solutions, where she served as a managing partner. Prior to that, she held senior leadership roles at City National Bank of Florida in Miami, serving as executive vice president and chief risk officer from January 2009 to May 2010 with responsibility for credit and regulatory risk management for all business lines. From August 1998 to January 2009 she was executive vice president and senior lending executive. Gilmore also served as senior vice president and private banking group manager at Bank of America and as senior vice president at Intercontinental Bank.
Gilmore currently serves as a director and chair emeritus of Health Foundation of South Florida. She is currently a member of the Healthy Aging Regional Collaborative. Gilmore formerly served on the YWCA-USA's board of directors and on the Asset Management Committee. She is former president, vice president and treasurer for the YWCA of Greater Miami and former trustee for the Miami Chamber of Commerce. Gilmore earned a bachelor's degree in political science from the University of Central Florida.
The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia and sections of Louisiana, Mississippi and Tennessee. As part of the nation's central banking system, the Atlanta Fed participates in setting national monetary policy, supervises numerous commercial banks and provides a variety of financial services to depository institutions and the U.S. government.