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AIG Names Philip Fasano Chief Information Officer
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NEW YORK--(BUSINESS WIRE)--Sep. 15, 2014-- American International Group, Inc. (NYSE:AIG) announced today that it has named Philip Fasano to the newly created role of Executive Vice President and Chief Information Officer. Mr. Fasano, who will join AIG in October, will report to AIG President and Chief Executive Officer, Peter D. Hancock.

Mr. Fasano joins AIG from Kaiser Permanente, where he was Executive Vice President and Chief Information Officer. He has extensive experience, is a proven leader in the information technology field, and has served as Chief Information Officer at several high-profile financial services firms over the course of his 30-year career.

At AIG, Mr. Fasano will be responsible for oversight of the company’s global information technology, including reviewing and updating technology systems and platforms, along with data management and security.

“I am delighted to welcome Phil to AIG,” said Peter D. Hancock, President and Chief Executive Officer, AIG. “Phil is a leader in the field of information technology and has an extensive track record of improving systems and data management while creating innovative solutions to complex issues at global companies. I am confident Phil’s leadership and knowledge will help us achieve our vision of providing a truly seamless technology experience to our customers, distribution partners, and employees.”

Prior to working for Kaiser Permanente, Mr. Fasano founded Capital Sourcing Group in 2005, a company focused on providing strategic advice, and consulting services to the Fortune 500 and the Department of Homeland Security. In addition, Mr. Fasano has served in IT leadership roles at Capital One Financial, JP Morgan Chase, Deutsche Financial Services, Bankers Trust, among other companies.

Mr. Fasano earned an MBA from Long Island University in New York, and a Bachelor of Science from the New York Institute of Technology. He is the author of “Transforming Health Care: The Financial Impact of Technology, Electronic Tools and Data Mining.”

American International Group, Inc. (AIG) is a leading international insurance organization serving customers 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 in the United States. 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 | YouTube: www.youtube.com/aig |Twitter: @AIGInsurance | LinkedIn: http://www.linkedin.com/company/aig |

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 jurisdictions, 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.

Source: American International Group, Inc.

Liz Werner (Investors): 212-770-7074; elizabeth.werner@aig.com
Jon Diat (Media): 212-770-3505; jon.diat@aig.com