Thomas A. Russo

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Thomas A. Russo
Occupation General Counsel
Employer AIG
Location New York

Thomas A. Russo is a lawyer and serves as the executive vice president of legal, compliance, regulatory affairs and government affairs, and is general counsel at American International Group Inc (AIG).[1]

He was previously senior counsel in Patton Boggs LLP's New York City office[2].

Russo is the co-vice chairman of the Institute for Financial Markets (IFM)[3], a nonprofit educational foundation. He has served as an IFM Trustee since 1995.


Before joining AIG, Russo was vice chairman and chief legal officer, Lehman Brothers Inc. and the firm's chief legal officer. While at Lehman he was responsible for the firm’s corporate advisory division, which includes legal, compliance, corporate audit, government relations, and transaction management. In addition, he was chairman of Lehman Brothers' New Products and Operating Exposures committees and a member of and counsel to Lehman Brothers’ Executive Committee. [4]

Prior to joining Lehman Brothers in January of 1993, Russo was a partner and member of the Management Committee of the law firm Cadwalader, Wickersham & Taft. From 1969 to 1971, he was an attorney in the Division of Market Regulation of the Securities and Exchange Commission, and from 1971-1975, an associate with Cadwalader, Wickersham & Taft.

Russo also provided counsel at the Commodity Futures Trading Commission, where he served as deputy general counsel and then as the first director of the agency's Division of Trading and Markets.


Russo holds board positions with the March of Dimes (vice chairman, National Board of Trustees, Executive Committee and Finance Committee; chairman, Pensions Investment Committee; member, Nominating Committee); The Institute for Financial Markets.[5] (vice chairman, Board of Trustees; member, Executive Committee and Audit Committee); the Institute of International Education, which administers the Fulbright Scholarship Program (chairman, Executive Committee; member, Development Committee, Vision & Outreach Committee, Executive Compensation Committee, Scholar Rescue Fund Committee, Scholar Rescue Fund Selection Committee, and the Scholar Rescue Fund Board; co-founder, Scholar Rescue Fund); and the United States Council for International Business.

He is a member of the Cornell University Council; The Economic Club of New York; the Federal Reserve Bank of New York’s International Advisory Committee; and the Committee on Capital Markets Regulation[6]. He is also a member of the Fellows of the Phi Beta Kappa Society.

He has authored articles and books on topics in the commodities, securities and banking fields relating to financial market regulation.


Who's Who

Russo is listed in Who's Who in America, Who's Who in American Law, Who's Who in Finance and Business, and Who's Who in American Education. He also has been listed in the National Law Journal as one of the “100 Most Influential Lawyers in America.”

Russo is an inaugural inductee into the Futures Hall of Fame.


Russo received his J.D. and MBA degrees from Cornell University.


  1. AIG’s Russo Faces Investor Suits, Probes in New Role. Bloomberg News.
  2. Patton Boggs lands top financial lawyer. PR Newswire.
  3. IFM Board of Trustees. IFM.
  4. Thomas A. Russo. Princeton.
  5. Institute for Financial Markets. IFM.
  6. Committee Members. Committee on Capital Markets Regulation.