Mr. Shah’s appointment is effective end of December 2018, subject to regulatory approval. Most recently, Mr. Shah served as Chairman, President and CEO of MetLife Japan, a position he held since 2013.
In making the appointment, Mr. Townsend commented: “I am pleased to welcome Sachin Shah to AIG as CEO of our Asia Pacific business. I look forward to working closely with Sachin to deliver innovation and value to our customers and distribution partners in this dynamic region.”
Mr. Shah commented: “I’m delighted to be joining AIG and the International General Insurance management team at this exciting time in the Asia Pacific region. I look forward to working with AIG colleagues across the region to deliver on our growth ambitions in these fast-moving economies.”
Earlier in his career, Mr. Shah spent five years leading MetLife’s international growth strategies, including overseeing the integration of the acquisition of Alico across more than 50 countries. Mr. Shah currently serves as the President of The American Chamber of Commerce in Japan.
Notes to editors
American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange.
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