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AIG Names Clarissa Potter Deputy Tax Director

NEW YORK, Sep 21, 2011 (BUSINESS WIRE) --

American International Group, Inc. (AIG) announced today that Clarissa Potter, former U.S. Internal Revenue Service (IRS) Deputy Chief Counsel, Technical, has been named Deputy Tax Director for AIG.

In this role, Ms. Potter will be responsible for AIG's global tax planning, including continued protection of AIG's valuable tax assets. Ms. Potter will report to Tal Kaissar, Vice President and Director of Tax.

"Clarissa Potter brings to AIG's tax function tremendous experience, knowledge, and an unmatched perspective on tax policy," Mr. Kaissar said. "The complexity of AIG's global structure requires a holistic approach to compliance with domestic and international tax law. Clarissa's leadership within the IRS and first-hand understanding of tax policy makes her uniquely positioned to help AIG in this regard."

Ms. Potter was most recently the Deputy Chief Counsel, Technical for the IRS, serving as the IRS principal representative on all non-litigation matters related to federal tax law and on implementing legislation and compliance initiatives. During her time with the IRS, Ms. Potter also notably served as the Acting Chief Counsel from December 2008 through August 2009.

Before joining the IRS in 2005, Ms. Potter was an Associate Professor of Law at Georgetown University Law Center. Previously, she served in the Office of Tax Policy for the United States Treasury Department and had been Legislation Counsel to the U.S. Congress Joint Committee on Taxation. Ms. Potter began her legal career in the Tax Group of Sullivan & Cromwell in New York. She earned her law degree from Yale Law School and her bachelor's degree from Miami University of Ohio.

American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. 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 in the United States. 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.

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