Michael Carano

(Executive Director)

Michael Carano, Executive Director, ChicagoFIRST

Mr. Michael Carano is the Executive Director of ChicagoFIRST, a non-profit association of mid-western private sector firms that coordinates critical infrastructure protection among its members and in partnership with government agencies at the city, county, state, and federal levels. Mr. Carano co-chairs the Chicago Public Private Task Force with the Executive Director of the Chicago Office of Emergency Management and Communications.  He also serves on the executive committee of the Financial Services Sector Coordinating Council based in Washington DC and the steering committee for the United States Secret Service Electronic Crimes Task Force in Chicago.

Prior to joining ChicagoFIRST, Mr. Carano worked for Cook County, the second largest county in the nation, to develop a comprehensive Continuity of Government program encompassing crisis management, business process recovery and technology recovery. Mr. Carano also served as both Chief Continuity Officer and Chief Privacy Officer for Netherlands-based ABN Amro Bank, which included LaSalle Bank in the United States, and led a consulting firm focused on business continuity and information privacy.

As an Assistant Vice President for the Federal Reserve Bank of Chicago, Mr. Carano developed post 9/11 business continuity strategies and collaborated with government agencies, financial institutions and exchanges to improve the resilience of the financial sector. He joined the Federal Reserve as a software developer and advanced to management while providing technology services for high-value electronic payment and inter-bank settlement systems, including Fedwire.

Mr. Carano holds an MBA from the University of Chicago, information technology degrees from Loyola University and Southern Illinois University, and he is a Certified Business Continuity Professional, Certified Information Privacy Professional, a Project Management Professional, and earned a Critical Infrastructure Protection Certification from Texas A&M.

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Michael Carano

(Executive Director)

Michael Carano, Executive Director, ChicagoFIRST Mr. Michael Carano is the Executive Director of ChicagoFIRST, a non-profit association of mid-western private sector firms that coordinates critical…

Testimonials

  • ChicagoFIRST has truly made a positive difference to the collective emergency preparedness and business continuity of Chicago’s financial community.  It has become a model for many other cities throughout the country.  We are especially grateful that the City of Chicago has an impressive reputation for working together with its business community, the State of Illinois and federal government agencies, and other key organizations through the ChicagoFIRST partnership structure.  This approach is extremely effective and helpful in supporting the broader Federal Reserve objective of maintaining a stable financial system.

    Gordon Werkema, First Vice President & Chief Operating Officer, Federal Reserve Bank of Chicago
  • ChicagoFIRST is a dynamic, cutting edge organization and a model for how regional public/private partnerships can enhance the resiliency of financial institutions. ChicagoFIRST was founded because of the foresight of the Chicago financial services community, and it succeeds because of the cooperation and encouragement of the public sector, especially the City of Chicago and State of Illinois.

    Rahm Emanuel, 5th Congressional District (D-IL)
  • The timely and accurate information streams that I receive through ChicagoFIRST more than justify membership. When the airplane landed in the Hudson River in New York City in January 2009, I learned about it before my colleagues in New York did.

    Michael Wallace, Vice President, BMO Harris Bank

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