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In 2025, FHLBank Chicago deepened its commitment to innovation leadership by sending two employees to participate in the inaugural Chicago Innovations Fellows Program. Developed in partnership with Northwestern Kellogg’s Center for Research in Technology and Innovation, this six-month leadership program blends advanced theory with hands-on application, connecting executives to Chicago’s dynamic innovation ecosystem.
The first cohort brought together participants from a range of companies and sectors, creating rich opportunities for cross-industry learning and collaboration. Garrett Woody, VP, Senior Enterprise Architect; and Amy Shi, SVP, Sr. Director, Market Risk & Earnings Analysis, represented FHLBank Chicago. Through leadership workshops, access to thought leaders, and Chicago Innovation community events, fellows developed skills to drive transformational change within their organizations.
Amy and Garrett found the experience to be transformative, both personally and professionally. “The program instilled confidence in me as a leader and shifted my mindset around innovation,” Garrett shared.
“Instead of asking ‘why,’ I learned to ask ‘why not’—and I’ve been implementing that approach with my IT colleagues. It’s about being an ‘intrapreneur’ rather than an entrepreneur, recognizing that any company can drive innovation from within.”
The program culminated in a capstone project where Amy and Garrett put their learnings into action. Beyond technical achievements, the Fellows Program provided lasting networking opportunities, including access to the Chicago Innovation Alumni network, where Garrett recently returned as a panelist to share his experience with the next cohort.
Through initiatives like the Chicago Innovation Fellows Program, FHLBank Chicago demonstrates its commitment to developing forward-thinking leaders who bring new ideas and innovative approaches to support our members and communities.