The American Bankers Association today announced that Illinois banker Michael L. Scudder will serve as chairman of its American Bankers Council—the banker-driven peer group for midsize bank chief executives—for the 2019-2020 membership year. Scudder is the chairman and CEO of First Midwest Bancorp and is also chairman of the First Midwest Charitable Foundation, which has provided $2 million in charitable donations since its inception. Scudder began his professional career at KPMG before joining First Midwest Bank more than three decades ago.
“Mike’s depth of industry knowledge and experience will be an important asset to ABA’s American Bankers Council,” said ABA President and CEO Rob Nichols. “We’re excited for him to assume this leadership role on behalf of banks that are so important to both our industry and the broader economy.”