American International Group (AIG) has announced the appointment of Lisa Sun as chief executive officer of AIG Insurance Company China, Ltd. Based in Shanghai, she will report to Chris Townsend, CEO for international general insurance.

Sun joins AIG from Mercer, where she was most recently CEO of Mercer’s Hong Kong & South and East Asia zone. She brings over 20 years of industry experience to AIG, having held executive roles at Zurich and Liberty Mutual. In a previous stint with AIG, she was deputy chief actuary and vice president for worldwide accident and health for AIG Life Companies.

She succeeds Eric Zheng who leaves AIG after 14 years with the company to pursue other opportunities.

“China is a core growth market for AIG,” commented Townsend on the appointment. “I am pleased to welcome Lisa back to AIG to take on the important role of leading our China business. I look forward to working closely with Lisa and the team in this dynamic region.”

The appointment is subject to regulatory approval by the China Banking and Insurance Regulatory Commission.

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