AIG Names Donna DeMaio Executive Vice President and Chief Auditor
March 28 2017 - 4:16PM
Business Wire
American International Group, Inc. (NYSE:AIG) announced today
that Donna DeMaio will rejoin AIG as Executive Vice President and
Chief Auditor on April 17. Ms. DeMaio will report directly to the
Audit Committee of the AIG Board of Directors, and administratively
to Peter D. Hancock, President and Chief Executive Officer. Ms.
DeMaio succeeds Martha Gallo, (who was recently named Chief
Information Officer), and will join AIG’s Executive Leadership
Team.
Ms. DeMaio previously served as President and CEO of United
Guaranty Corporation (UGC), a former AIG subsidiary recently sold
to Arch Capital Group. As CEO of UGC, Ms. DeMaio also served as
Global Head of Credit Lines for AIG, where she oversaw Political
Risk, Surety and Trade Credit.
“Donna becomes Chief Auditor at a pivotal time as we continue to
build world class risk and control platforms according to the
highest ethical and corporate governance standards,” said William
G. Jurgensen, Chairman of the Audit Committee. “Her extensive audit
experience, combined with her operational expertise in addressing
complex business challenges, will serve as touchstones for
management and the Board.”
“Donna was a highly respected leader of UGC, and her diverse
professional experiences as an auditor and a bank CEO will be
incredibly valuable as we execute our strategy of becoming a
leaner, more focused company,” said Mr. Hancock.
Prior to joining UGC in 2012, Ms. DeMaio was President and CEO
of MetLife Bank, and previously served as MetLife Bank’s Chief
Financial Officer from 2002 through 2005. Prior to joining MetLife,
Ms. DeMaio was a partner with PricewaterhouseCoopers. She is a
certified public accountant and earned a Bachelor of Arts, summa
cum laude, from Muhlenberg College, where she double-majored in
accounting and business. She has served as an executive group
member of the Housing Policy Council, and has been named one of the
Top 25 Women in Banking by American Banker (formerly U.S. Banker)
several times.
American International Group, Inc. (AIG) is a leading global
insurance organization. Founded in 1919, today AIG member companies
provide a wide range of property casualty insurance, life
insurance, retirement products, and other financial services to
customers in more than 80 countries and jurisdictions. These
diverse offerings include products and services that help
businesses and individuals protect their assets, manage risks and
provide for retirement security. AIG common stock is listed on the
New York Stock Exchange and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com and
www.aig.com/strategyupdate | YouTube: www.youtube.com/aig |
Twitter: @AIGinsurance | LinkedIn:
http://www.linkedin.com/company/aig. These references with
additional information about AIG have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release.
AIG is the marketing name for the worldwide property-casualty,
life and retirement, and general insurance operations of American
International Group, Inc. For additional information, please visit
our website at www.aig.com. All products and services are written
or provided by subsidiaries or affiliates of American International
Group, Inc. Products or services may not be available in all
countries, and coverage is subject to actual policy language.
Non-insurance products and services may be provided by independent
third parties. Certain property-casualty coverages may be provided
by a surplus lines insurer. Surplus lines insurers do not generally
participate in state guaranty funds, and insureds are therefore not
protected by such funds.
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version on businesswire.com: http://www.businesswire.com/news/home/20170328006349/en/
AIGInvestors:Liz Werner,
212-770-7074elizabeth.werner@aig.comorMedia:Jennifer Hendricks
Sullivan, 212-770-3141jennifer.sullivan@aig.com
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