|AIG NAMES BRIAN SCHREIBER EXECUTIVE VICE PRESIDENT, TREASURY AND CAPITAL MARKETS|
NEW YORK, Nov 23, 2010 -- American International Group, Inc. (AIG) today announced the appointments of Brian T. Schreiber as Executive Vice President, Treasury and Capital Markets, and Robert Gender as Senior Vice President and Treasurer.
Mr. Schreiber is taking on a broad, newly created role in which he will oversee AIG's Treasury function; the development of AIG Markets, which will manage AIG's parent company invested assets and debt obligations in partnership with AIG's Asset Management Group; Strategic Planning; and Investor Relations. Mr. Schreiber, who as head of Strategic Planning has led AIG's restructuring and corporate development efforts to date, will report to David Herzog, AIG Executive Vice President and Chief Financial Officer.
Mr. Gender, who will report to Mr. Schreiber, has served as AIG's Treasurer since 2005. He joined AIG in 1998 as Assistant Treasurer with responsibility for the management of AIG's banking relations, liquidity, and corporate finance.
"Brian's and Bob's appointments come at a critical juncture for AIG," said Peter Hancock, AIG Executive Vice President, Finance, Risk, and Investments. "As we emerge from our restructuring, and particularly as we move toward re-entering the capital markets, we remain fundamentally committed to a strong finance and risk organization charged with preserving and enhancing our financial strength for the benefit of all of our stakeholders. Brian's and Bob's appointments are the latest examples of our momentum in this effort, and their experience and commitment will help advance the performance of our team. Brian has played an instrumental role in the success of AIG's restructuring, and his capital markets experience, knowledge of AIG's continuing businesses, energy, and focus will help AIG re-enter the capital markets and achieve our future objectives. Bob's professional management of our Treasury function has been critical as AIG has navigated the financial crisis."
Mr. Schreiber joined AIG in 1997 as a portfolio manager in AIG's Global Investment Group. Since then, he has held a series of positions of increasing responsibility before being named AIG Vice President, Strategic Planning, in 2002 and Senior Vice President in 2003. Mr. Schreiber holds a B.S. in Finance from New York University, and an MBA from Columbia University.
Prior to joining AIG, Mr. Gender served as Assistant Vice President in the Treasury Department of the Equitable Life Assurance Society, a division of the AXA Group, where he served in various positions within the Treasury Department of Equitable starting in 1984. He is a graduate of Stanford University and the Stern School of Business.
American International Group, Inc. (AIG) is a leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services around the world. AIG common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.
SOURCE: American International Group, Inc.
American International Group, Inc.