Paul Sand
Corporate Governance Technology Risk Management Innovation@ Federal Home Loan Bank of Chicago
Greater Chicago Area
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Paul Sand is a highly experienced corporate governance and risk management professional with 36.7 years of work experience. He has a strong background in VoIP, business alliances, security, and business development. Paul has held various leadership roles, including CEO, COO, CTO, and CISO. He has successfully built governance and management frameworks to ensure risk taking is aligned with enterprise strategy. Paul has also served as a board member for not-for-profit and for-profit organizations, and has acquired patents in voice and data communications, data security, public safety, and consumer services. He has also worked as a director of product management for Lucent Technologies and as a director of product management for Lucent Technologies.
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Emails and Phone Numbers

@fhlb.com
@fhlbc.com
+1 513852****
+1 312994****
+1 312565****
+1 312552****
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About

Corporate governance and risk management professional. Established board director and risk executive experienced in successfully building governance and management frameworks to ensure risk taking is aligned with enterprise strategy and within established appetite. Served in multiple roles equivalent to CEO, COO, CTO, and CISO and multiple boards of directors for not-for-profit and for-profit enterprises.As the Technology Risk Officer and Independent Security Officer of the Federal Home Loan Bank of Chicago, a $100B wholesale bank, provided oversight of the governance of enterprise-wide cyber and technology risk. Built independent risk programs ensuring that risk taking by the Bank was within the appetite established by the Board of Directors and that policies, standards and guidelines provided adequate guidance to staff. Served as the chairperson of the Technology Risk Subcommittee and a member of the Operational Risk Oversight Committee.Served as a board member of for-profit and not-for-profit organizations with national footprints. As a board member of the InfraGard National Members Alliance, chairperson of the Risk Management Committee and national Vice President, drove development of certification standards, deployed those standards across 85 chapters to minimize legal, fraud and reputational risks. As a board member for Salare Security LLC lead capital funding efforts and enterprise risk management.Innovative executive leader. Prolific inventor skilled at technology commercialization and development of successful marketing programs. While at Bell Laboratories, AT&T, and Lucent Technologies acquired 85 patents around the world in voice and data communications, data security, public safety, and consumer services. Invented location-based services to provide service listings and directions based a mobile device user’s location which today is heavily practiced by enterprises such as Google and Apple before Google expanded beyond the search engine space and Apple entered the mobile device space.As President and CEO of Salare Security acquired an exclusive license from IIT for VoIP security technology developed through the NSA's Academic Center of Excellence Program. Successively commercialized the technology via a grant from the US Army Research Office and led Salare Security to be named a Top Emerging Startup.As Director of Product Management for Lucent Technologies’ legacy voice messaging systems doubled market share and set the all-time system production record within 18 months to prepare the business unit for acquistion.

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Work Experience

433 West Van Buren Street, Chicago, IL, 60607, US

Banking

637
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Paul Sand's Professional Milestones

  • Vice President Independent Security Officer (2011-12-01~2019-02-01): Implementing cutting-edge security measures, safeguarding company assets and ensuring compliance with industry standards.
  • President | Board Member (2008-01-01~2016-09-01): Executing strategic efforts to optimize operational efficiency and cultivate strong industry relationships.
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