The Atlanta Fed
Karen Gilmore is a vice president and regional executive at the Miami Branch of the Federal Reserve Bank of Atlanta. On behalf of the Atlanta Fed, she is responsible for the Miami Branch's board of directors, leads Miami's community and 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 Fed's contributions to the monetary policy process.
Before joining the Atlanta Fed, Gilmore was a managing partner at Applied Consulting Solutions, a Miami-based firm that specializes in bank consulting on credit risk, lending production, compensation and incentive plans, corporate strategic planning, budgeting, and business plan development.
Gilmore 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. Gilmore 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.
Gilmore is an active member of the Miami business community. She serves as a director and chair emeritus of Health Foundation of South Florida. The mission of the foundation is to improve the health of people in Broward, Miami-Dade, and Monroe counties. Among the foundation's objectives is to increase accessibility of quality community-based primary health services and to improve the effective delivery and efficiency of the health system for the poor and uninsured. Gilmore 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 also serves as a director of the Florida Institute for Health Innovation.
She formerly served on the YWCA-USA's board of directors and on the Asset Management Committee. The YWCA is dedicated to eliminating racism, empowering women, and promoting peace, justice, freedom, and dignity for all. Gilmore 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.
Gilmore serves on the board of directors for the Florida Council of Economic Education, whose mission is to ensure that Florida's k-12 students learn about economics and the free enterprise system. She also is a board member of the Center for Financial Training, which provides educational offerings to advance knowledge in finance and banking.
Gilmore is a former trustee for the Miami Chamber of Commerce. She earned a bachelor's degree in political science from the University of Central Florida.