FacultyFaculty/Author Profile
Thomas A. Russo

Thomas A. Russo

American International Group, Inc.
Executive Vice President, General Counsel
New York, NY, USA

Thomas A. Russo is AIG Executive Vice President, Legal, Compliance, Regulatory Affairs and Government Affairs, and General Counsel. He joined AIG in February 2010.

Mr. Russo is an industry leader who, in his 40-year career, has served as a lawyer, regulator, author and academic. He came to AIG from the New York office of Patton Boggs LLP, where he served as Senior Counsel. He was Chief Legal Officer of Lehman Brothers Holdings until December 2008. Before joining Lehman in 1993, Mr. Russo was a Partner at the Wall Street law firm of Cadwalader, Wickersham & Taft and a member of its Management Committee.

Mr. Russo has significant experience in Securities and Exchange Commission (SEC) enforcement and broker-dealer operations, and worked for the SEC as an attorney in its Division of Trading and Markets. He was an Advisor to the Brady Commission, as well as Deputy General Counsel of the Commodity Futures Trading Commission (CFTC), and the first Director of its Division of Trading and Markets.

He has authored more than 70 articles related to financial market regulation and has been recognized as one of the “100 Most Influential Lawyers in America.” Mr. Russo co-wrote “The 2008 Financial Crisis and its Aftermath: Addressing the Next Debt Challenge,” which was published by the Group of Thirty in 2011. Mr. Russo also authored the “Regulation of the Commodities Futures and Options Markets,” a two-volume treatise on federal commodities laws, and co-authored the federal securities law treatise “Regulation of Brokers, Dealers and Securities Markets.” Mr. Russo is an adjunct professor at Columbia University’s Graduate School of Business, where he taught a course on the 2008 financial crisis.

Mr. Russo and his team have won the following awards: Best USA Legal Department – Financial Services and Insurance at the International Legal Alliance Summit & Awards (2016), Association of Corporate Counsel – ACC Value Champion (2015), New York State Bar Association – President’s Pro Bono Service Award (2015), Pro Bono Institute’s CPBO Pro Bono Partner Award (2014), New York Law Journal – Legal Department of the Year – Outstanding Legal Department (2014), and Corporate Counsel Magazine – Best Legal Department (2014).  In 2015, Mr. Russo received the Financial Times Most Innovative General Counsel in North America, US In-House Individual of the Year for Insurance from The Legal 500 and in 2014, Mr. Russo received the Pro Bono Partnership’s Champion Award and was named by First Chair as a Top General Counsel.  In 2011, Mr. Russo was recognized as a “Legend in Law” by the Burton Awards for Legal Achievement and in 2012, Mr. Russo received the “Humanitarian Award” from the Institute of International Education and the St. Thomas More Award from the Inner-City Scholarship Fund.


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