Mark Lyons has been promoted Global Chief Actuary & Head of Portfolio Management. Shane Fitzsimons succeeds Lyons as group CFO.
M. Lyons and S. Fitzsimons will report to Peter Zaffino [4], AIG's chairman and CEO. Both appointments are effective as of 1 January 2021.
To further strengthen its executive team, the U.S. insurer also made three other appointments:
- Elias Habayeb: Chief Financial Officer of the Life and Retirement business.
- Elaine Rocha: Chief Investment Officer.
- Ted Devine: Global Head of AIG 200, a series of initiatives designed to improve the group's operations and efficiency.