7 March 2017Insurance

AIG appoints new chief information officer as Fasano resigns

American International Group (AIG) has appointed Martha Gallo as the chief information officer. Gallo previously served as AIG's chief auditor.

Gallo succeeds Philip Fasano, who has resigned from the company to pursue other opportunities, the company said. Fasano joined AIG in September 2014.

Peter Hancock, president and CEO, said: "Martha is a highly experienced business leader, having held a number of senior roles leading technology teams prior to joining AIG. She has a proven track record of delivering measurable, sustainable results to drive business performance.

"Technology investment and implementation remains a key priority as we focus on bringing new innovations to our clients to help them face their most pressing challenges."

He added: "Phil elevated our ambitions and approach to technology, as well as making significant improvements in AIG's IT capabilities during his time with the company. He also helped bring together a highly talented technology team whose efforts have begun transforming the way we work, and have enabled our businesses to compete more effectively. I want to extend our sincere appreciation to Phil for his leadership and partnership."

Today’s top stories

Direct Line optimistic on outlook despite Ogden rate impact

Aon Risk Solutions appoints new UK CEO as Tunnicliffe steps down

Rountree replaces Barrette at OneBeacon Insurance

Fidelis names new CFO succeeding Neil McConachie

Did you enjoy reading this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
29 March 2017   American International Group (AIG) has announced that Donna DeMaio will rejoin the company as executive vice president and chief auditor with effect from April 17.
Insurance
28 February 2017   American International Group (AIG) has appointed Rose Marie Glazer as vice president, deputy general counsel and corporate secretary. She succeeds Jeffrey Welikson, who is retiring.
Insurance
17 February 2017   American International Group’s US casualty business has performed significantly worse than expected by the firm in recent years, resulting in a $3 billion loss in the fourth quarter of 2016 as the company reacted by striking a reinsurance deal and significantly increasing claims loss reserves.