AIG creates key financial officer position

AIG creates key financial officer position | Insurance Business

AIG creates key financial officer position

American International Group (AIG) has appointed Sabra Purtill to the newly created role of deputy CFO, head of treasury, investor & rating agency relations, and corporate development.

Purtill’s appointment takes effect August 28, 2019, and she will report to AIG executive vice-president and chief financial officer Mark Lyons in her new role.

“Sabra is a recognised leader who brings to AIG extensive experience within the insurance industry and strong finance, treasury, and communication expertise. Aligning our investor and ratings agency relations, treasury and corporate development functions will enhance our ability to serve AIG’s businesses as we continue to deliver on our strategic, financial and operational objectives,” Lyons said in a statement.

She will oversee AIG’s engagement with “key financial stakeholders” – which include ratings agencies and investors – as well as the company’s treasury and credit banking functions. Purtill will also coordinate with AIG’s businesses regarding their corporate development.

Purtill joins AIG from The Hartford Financial Services Group, where she served for eight years – most recently as senior vice-president of investor relations & treasurer. Prior to that, she was a managing director of investor relations & communications at Assured Guaranty and, before that, a corporate finance officer at ACE Limited (now known as Chubb).

She has over 30 years of industry experience and has been named a top investor relations professional six years in a row by Institutional Investor.