 "American International Group, AIG")
American International Group said on Monday it has appointed insider Shane Fitzsimons as its chief financial officer, replacing Mark Lyons, as the insurer prepares for the separation of its life and retirement business.
Fitzsimons joined AIG in July 2019 and was most recently serving as the insurer's chief administrative officer.
Lyons will move into the newly created role of Global Chief Actuary and Head of Portfolio Management at AIG from January, after which Fitzsimons will take his place, the company said.
AIG's board last year approved a plan to separate its life and retirement business, which sells insurance and annuities.
The insurer plans to
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