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1st Source Announces Promotion of Brian Duba to General Counsel and Secretary

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1st Source Corporation (NASDAQ: SRCE) has announced the promotion of Brian Duba to General Counsel and Secretary of both 1st Source Corporation and 1st Source Bank. Duba, who joined the company as Deputy General Counsel in September 2024, will maintain his Senior Vice President position while managing all legal affairs, regulatory relationships, and providing legal guidance to senior management.

Duba brings extensive legal experience in banking, industrial production, real estate, and corporate law. The former General Counsel and Secretary, John Griffith, will continue as Executive Vice President and Chief Risk Officer, focusing on risk management and oversight functions. 1st Source Corporation currently manages $9.0 billion in assets and operates 78 banking centers, along with various specialty finance, trust, insurance, and loan production locations.

1st Source Corporation (NASDAQ: SRCE) ha annunciato la promozione di Brian Duba a Consigliere Generale e Segretario sia di 1st Source Corporation che di 1st Source Bank. Duba, che si è unito all'azienda come Vice Consigliere Generale nel settembre 2024, manterrà la sua posizione di Senior Vice President, gestendo tutte le questioni legali, le relazioni regolamentari e fornendo consulenza legale al senior management.

Duba porta con sé una vasta esperienza legale nei settori bancario, della produzione industriale, immobiliare e del diritto societario. L'ex Consigliere Generale e Segretario, John Griffith, continuerà a ricoprire il ruolo di Executive Vice President e Chief Risk Officer, concentrandosi sulla gestione e supervisione del rischio. 1st Source Corporation gestisce attualmente 9,0 miliardi di dollari in asset e opera con 78 filiali bancarie, oltre a diverse sedi specializzate in finanza, trust, assicurazioni e produzione di prestiti.

1st Source Corporation (NASDAQ: SRCE) ha anunciado el ascenso de Brian Duba a Consejero General y Secretario tanto de 1st Source Corporation como de 1st Source Bank. Duba, quien se unió a la empresa como Subconsejero General en septiembre de 2024, mantendrá su cargo de Vicepresidente Senior mientras gestiona todos los asuntos legales, las relaciones regulatorias y brinda asesoría legal a la alta dirección.

Duba aporta una amplia experiencia legal en banca, producción industrial, bienes raíces y derecho corporativo. El ex Consejero General y Secretario, John Griffith, continuará como Vicepresidente Ejecutivo y Director de Riesgos, enfocándose en la gestión y supervisión de riesgos. Actualmente, 1st Source Corporation administra 9.000 millones de dólares en activos y opera 78 centros bancarios, además de varias ubicaciones especializadas en finanzas, fideicomisos, seguros y producción de préstamos.

1st Source Corporation (NASDAQ: SRCE)Brian Duba를 1st Source Corporation과 1st Source Bank의 법률 고문 및 비서로 승진시켰다고 발표했습니다. Duba는 2024년 9월 부법률 고문으로 입사했으며, 선임 부사장 직책을 유지하면서 모든 법률 업무, 규제 관계를 관리하고 고위 경영진에게 법률 자문을 제공할 예정입니다.

Duba는 은행업, 산업 생산, 부동산 및 기업법 분야에서 풍부한 법률 경험을 보유하고 있습니다. 전 법률 고문 겸 비서인 John Griffith는 리스크 관리 및 감독 업무에 집중하며 전무이사 겸 최고 리스크 책임자로 계속 근무할 것입니다. 1st Source Corporation은 현재 90억 달러의 자산을 관리하며 78개의 은행 지점과 다양한 전문 금융, 신탁, 보험 및 대출 생산 지점을 운영하고 있습니다.

1st Source Corporation (NASDAQ : SRCE) a annoncé la promotion de Brian Duba au poste de conseiller juridique principal et secrétaire de 1st Source Corporation ainsi que de 1st Source Bank. Duba, qui a rejoint l’entreprise en tant que conseiller juridique adjoint en septembre 2024, conservera son poste de vice-président principal tout en gérant toutes les affaires juridiques, les relations réglementaires et en fournissant des conseils juridiques à la haute direction.

Duba apporte une vaste expérience juridique dans les domaines bancaire, industriel, immobilier et du droit des sociétés. L’ancien conseiller juridique principal et secrétaire, John Griffith, poursuivra son rôle de vice-président exécutif et directeur des risques, en se concentrant sur la gestion et la supervision des risques. 1st Source Corporation gère actuellement 9,0 milliards de dollars d’actifs et exploite 78 centres bancaires, ainsi que divers établissements spécialisés en finance, fiducie, assurance et production de prêts.

1st Source Corporation (NASDAQ: SRCE) hat die Beförderung von Brian Duba zum General Counsel und Sekretär sowohl der 1st Source Corporation als auch der 1st Source Bank bekannt gegeben. Duba, der im September 2024 als stellvertretender General Counsel zum Unternehmen stieß, wird seine Position als Senior Vice President beibehalten und alle rechtlichen Angelegenheiten, regulatorischen Beziehungen verwalten sowie der Geschäftsleitung rechtliche Beratung bieten.

Duba bringt umfassende rechtliche Erfahrung in den Bereichen Bankwesen, industrielle Produktion, Immobilien und Gesellschaftsrecht mit. Der ehemalige General Counsel und Sekretär, John Griffith, wird weiterhin als Executive Vice President und Chief Risk Officer tätig sein und sich auf Risikomanagement und Überwachungsfunktionen konzentrieren. Die 1st Source Corporation verwaltet derzeit 9,0 Milliarden US-Dollar an Vermögenswerten und betreibt 78 Bankfilialen sowie verschiedene spezialisierte Finanz-, Treuhand-, Versicherungs- und Kreditproduktionsstandorte.

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South Bend, Indiana--(Newsfile Corp. - May 20, 2025) - 1st Source Corporation, (NASDAQ: SRCE) along with Chairman and CEO Christopher J. Murphy III are pleased to announce the Board of Directors' promotion of Brian Duba to General Counsel and Secretary of 1st Source Corporation and 1st Source Bank. Mr. Duba will retain his officer status of Senior Vice President and will now have responsibility for managing all legal affairs of the company, maintaining positive and open relationships with federal and state regulatory agencies, and providing legal advice and guidance to the senior management team.

Mr. Duba has served 1st Source as Deputy General Counsel since September of 2024. He graduated from the University of Kentucky with a B.S. in accounting and went on to achieve his J.D. from the University of Kentucky College of Law. He joined 1st Source from a large financial institution and has broad legal experience in banking, industrial production, real estate, and in private practice as a corporate attorney. He has served clients on a wide range of corporate governance, securities, transactional, real estate, and compliance issues.

"Brian has distinguished himself since joining the Bank last fall," said Chris Murphy, Chairman and Chief Executive Officer of 1st Source Corporation and Chairman of 1st Source Bank. "He has served his colleagues well with an urgency in the work he does and a thoughtful and thorough approach to questions and issues. His wide-reaching legal expertise pairs well with his background and experience and he will do an excellent job leading our legal initiatives for the long term."

His new role will extend to providing legal support for the Bank's personal and commercial deposit, treasury, loan, and lease offerings, along with retirement plan services, and both personal and commercial insurance products and services. Mr. Duba will also have responsibilities for corporate governance, securities compliance regulatory affairs, including State and Federal exam management, human resource matters, contracts with vendors and other third-parties, litigation management and law enforcement inquiries.

"Brian has been a welcome addition to our legal team, given his wide range of legal experience and commitment to our mission," said John Griffith, Executive Vice President and Chief Risk Officer of 1st Source Bank and 1st Source Corporation. "I was pleased to recommend Brian's promotion to our CEO and the Board of Directors and believe that he will do an outstanding job serving our organization with expertise and diligence in the years to come."

Previously in the role of General Counsel and Secretary, John Griffith will remain at 1st Source Bank and 1st Source Corporation retaining his status of Executive Vice President and Chief Risk Officer. Mr. Griffith will focus his time on ensuring the Bank's risk management, infrastructure, governance, and oversight functions will meet the expectations of our bank regulators and our needs in the years ahead. This includes Mr. Griffith continuing to have overall executive responsibility for our legal, loan review, compliance, BSA/AML, risk and Community Re-investment Act functions.

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Brian Duba, General Counsel and Secretary of 1st Source Corporation and 1st Source Bank

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1st Source Corporation, parent company of 1st Source Bank, has assets of $9.0 billion and is the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. The Corporation includes 78 banking centers, 18 1st Source Bank Specialty Finance Group locations nationwide, nine Trust and Wealth Advisory Services locations, 10 1st Source Insurance offices, and three loan production offices. For more than 160 years, 1st Source has been committed to our mission of helping our clients achieve security, build wealth and realize their dreams. For more information, visit https://www.1stsource.com/.

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Contact: 
Hannah Nichols 
NicholsHa@1stsource.com
574-235-2128

SOURCE STRING: 1st Source Corporation

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252721

FAQ

Who is the new General Counsel of 1st Source Corporation (SRCE)?

Brian Duba has been promoted to General Counsel and Secretary of 1st Source Corporation and 1st Source Bank, while maintaining his position as Senior Vice President.

What is Brian Duba's background and experience before joining 1st Source Bank (SRCE)?

Duba holds a B.S. in accounting and J.D. from the University of Kentucky, with broad legal experience in banking, industrial production, real estate, and corporate law from a large financial institution and private practice.

What happened to the previous General Counsel of 1st Source Corporation (SRCE)?

John Griffith, the previous General Counsel, remains with the company as Executive Vice President and Chief Risk Officer, focusing on risk management, infrastructure, governance, and oversight functions.

How large is 1st Source Corporation (SRCE) in terms of assets and locations?

1st Source Corporation has $9.0 billion in assets and operates 78 banking centers, 18 Specialty Finance Group locations, 9 Trust and Wealth Advisory Services locations, 10 insurance offices, and 3 loan production offices.
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