AIG Appoints Peter Zaffino as Global Chief Operating Officer
American International Group in August 2017 appointed Peter Zaffino as Executive Vice President, Global Chief Operating Officer, reporting to CEO Brian Duperrault.
Zaffino joins AIG after serving as Chief Executive Officer of Marsh, a subsidiary of Marsh & McLennan Companies (MMC) and as Chairman of the Risk and Insurance Services segment of MMC. He was also a member of MMC’s Executive Committee.
Brian Duperreault, who joined AIG in May 2017, previously was President and Chief Executive Officer of MMC, where he worked with Zaffino.
At AIG, Mr. Zaffino will lead the day-to-day business of all country operations, including U.S. Commercial field operations and AIG’s Multinational organization, as well as Global Business Services, Administration and Communications. He will develop AIG’s long-term strategy and operating plan, and be responsible for executing the Commercial and Consumer strategies to achieve growth and profitability objectives.
Mr. Zaffino has over 25 years of experience in the insurance and reinsurance industry. Prior to being named Marsh CEO, he was President and CEO of reinsurance specialist Guy Carpenter, a subsidiary of MMC, and served in an executive role with a GE Capital portfolio company.
Mr. Zaffino holds a BA in economics from Boston College and an MBA in finance from New York University.