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AIG faucets exterior rent for CFO function | Insurance coverage Enterprise America















Incoming finance chief becoming a member of from Marsh

AIG taps external hire for CFO role


Insurance coverage Information

By
Terry Gangcuangco

American Worldwide Group (AIG) has appointed Keith Walsh (pictured) as government vice chairman and chief monetary officer efficient October 21, 2024.

Reporting to AIG chair and chief government Peter Zaffino, Walsh brings over 25 years of expertise in finance, most lately serving as CFO at Marsh. Previous to that, he was vice chairman and head of investor relations for Marsh McLennan from 2012 to 2017.

Earlier in his profession, Walsh labored for 14 years as an fairness analysis analyst at Citi, specializing in the insurance coverage business.

Walsh might be succeeding Sabra Purtill, who has served as AIG’s finance chief since January 2023. Purtill will proceed to work with Zaffino on strategic initiatives and also will function an advisor to Walsh through the transition interval.

Zaffino, who additionally thanked Purtill for her “vital worth and contributions throughout an necessary interval” commented: “Keith is a extremely completed government with deep monetary experience and vital investor expertise within the monetary providers sector, significantly the insurance coverage business.

“I’m very assured that he might be a superb addition to our government management workforce and brings excellent management to our international finance group.”

Walsh, in the meantime, added: “AIG has executed an distinctive enterprise and monetary turnaround, and I’m honored to hitch this iconic firm in its subsequent part of business management and progress.

“I look ahead to working carefully with Peter Zaffino and AIG’s government management workforce, in addition to main AIG’s gifted international finance group as we proceed to ship for the corporate’s stakeholders and improve shareholder worth.”

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