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3 March 2022Insurance

AIG makes new C-suite appointment to help ‫improve strategy and performance

Global insurer  American International Group (AIG) has appointed a new chief procurement officer who will be responsible for the overall strategy and performance of all purchasing and vendor services across the company.

Jeanne Edwards (pictured) has been promoted to the role of chief procurement officer (CPO), reporting to AIG's executive vice president and chief financial officer Shane Fitzsimons.

Edwards joined AIG in December 2021 from Precision Castparts where she served in the same role as the CPO. Prior to that, she worked at GE for 15 years in various leadership roles in global sourcing for GE’s aviation and healthcare businesses.

“Jeanne has tremendous experience and expertise as a procurement professional and I am confident that she will drive continuous improvement and operational excellence in delivering procurement initiatives, quality and supplier performance across the enterprise,” said Fitzsimons.

“Just as important, Jeanne will reinforce AIG’s commitment to supplier diversity and delivering meaningful results as we make progress with our Procurement strategy.”

Edwards commented: “It’s a privilege to step into this important role and to focus on creating value for AIG while delivering a more seamless experience for our business partners. Effective and efficient stewardship of AIG’s global resources is a crucial imperative and I look forward to driving our successful strategy.”

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