New York City-based insurance giant American International Group Inc. (AIG) announced today that it has formed a new executive leadership team.
“Our new management structure will ensure we have strong end-to-end accountability within the customer segments, so we can transform into a more efficient, less complex organization with accelerated decision-making in response to our clients' needs,” said Peter D. Hancock, AIG president and CEO.
“We are moving forward with a continued sense of urgency on our four strategic priorities: Narrowing our focus on clients, products, and geographies where we can grow profitably; driving for efficiency; growing through innovation, and optimizing our data assets and client relationships; and returning excess capital to shareholders,” he said.
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Trudy Knockless
Trudy Knockless is a reporter on ALM Media's Business of Law desk. She has a background serving legal and insurance publications. Contact her at [email protected] or on LinkedIn at Trudy Knockless.
