Michael Peluso, ’09, Named General Counsel of First Busey Corporation
Busey Names Michael Peluso General Counsel
First Busey Corporation (FBC), the financial holding company of Busey Bank, announced that Michael Peluso, currently Deputy General Counsel for FBC and Busey Bank, has been appointed as General Counsel, succeeding long-time General Counsel John Powers following his retirement from the position. Peluso has also succeeded Powers as FBC corporate secretary and as a member of the company’s executive leadership team.
“Promoting Mike is the culmination of a deliberate, long-term succession plan for this vital role,” said Van Dukeman, FBC Chairman and CEO. “He has been instrumental in shaping our legal strategy and partnering with our executive leadership team to achieve the company’s strategic objectives during his 11-plus years with Busey. With his extensive understanding of our business operations and over 16 years of financial services legal experience, we have every confidence that he will do a fantastic job and provide outstanding legal and strategic leadership in this role.”
Peluso joined Busey in 2015, working closely with Powers for the last 11 years to provide oversight, strategic counsel and legal risk management to FBC and Busey Bank. After receiving his Bachelor of Arts from Cornell University, Peluso earned his Juris Doctor from the University of Chicago Law School, where he graduated with honors, Order of the Coif. Prior to joining Busey, Peluso began his legal career at Sidley Austin LLP in Chicago. There, Peluso practiced in the Global Finance group, representing international financial institutions, investment funds and corporations in connection with a wide range of complex and structurally diverse commercial finance transactions.
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