AIG Appoints Sharon French President and Chief Executive Officer, Life & Retirement Funds
May 29 2019 - 3:45PM
Business Wire
American International Group, Inc. (NYSE: AIG) today announced
the appointment of Sharon French as President and Chief Executive
Officer, Life & Retirement Funds. Ms. French succeeds Peter
Harbeck, who announced his intention to retire late last year.
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Sharon French, President and Chief
Executive Officer, Life & Retirement Funds (Photo: Business
Wire)
In her new role, Ms. French will lead the Life & Retirement
Funds business, which comprises both AIG’s retail mutual funds
operation and SunAmerica Asset Management, LLC, which manages and
administers over $85 billion in assets across multiple Life &
Retirement business lines.* Ms. French will assume her new position
in late June.
“We are pleased that Sharon will be joining AIG to advance our
strategy to broaden our distribution footprint and the range of our
product and service offerings,” said Kevin Hogan, Executive Vice
President and Chief Executive Officer, Life & Retirement. “With
her deep experience in investment management, pioneering innovative
product offerings and strategy development, Sharon is well
positioned to develop new opportunities to grow the Life &
Retirement Funds business.”
Ms. French has held a variety of senior roles during her 30
years in financial services, most recently as Executive Vice
President, Head of Beta Solutions for OppenheimerFunds where she
led the strategy, development and implementation of the firm’s
smart beta ETF products and solutions. She also oversaw the firm’s
Environmental, Social and Governance (ESG) efforts and served on
the firm’s Senior Leadership Team, governing the overall strategic
direction of OppenheimerFunds. Previously, she served as Senior
Strategic Advisor to the CEO and President of Investment Management
at BNY Mellon and Head of Private Client & Institutions at
BlackRock. She spent nearly a decade at AllianceBernstein and held
prior roles at mPower, Smith Barney and Chase Manhattan Bank.
Said Ms. French, “I’m looking forward to working closely with
Kevin and with talented leaders and teams across the organization
to further enhance the strategic positioning of Life &
Retirement Funds and develop new offerings to meet the needs of
clients and distribution partners.”
Ms. French received a B.S. in business management from the
University of Delaware, and earned her Certified Investment
Management Analyst designation from the University of
Pennsylvania's Wharton School of Business. She is President and
member of the Global Governance Committee for Women in ETFs; serves
on the Board of Wake Forest University School of Business; and is a
member of the Investment Company Institute’s ETF Governance
Committee. She has also recently served on the Dean’s Advisory
Council for the University of Delaware Lerner School of Business,
and as Co-Chair of the ETF and Managed Solutions Committee for the
Money Management Institute.
*As of March 31, 2019
About AIG Life & Retirement
AIG Life & Retirement, a division of AIG, brings together a
broad portfolio of protection, retirement savings, investment and
lifetime income solutions to help people achieve financial and
retirement security. The business consists of four operating
segments – Individual Retirement, AIG Retirement Services, Life
Insurance and Institutional Markets – and holds long-standing,
leading market positions in many of the markets it serves.
AIG Life & Retirement includes AIG member insurance
companies American General Life Insurance Company (Houston, TX),
The United States Life Insurance Company in the City of New York,
and The Variable Annuity Life Insurance Company (VALIC), (Houston,
TX) as well as their affiliates. Securities products are
distributed by AIG Capital Services, Inc., member FINRA. Additional
information about AIG Life & Retirement can be found at
www.linkedin.com/showcase/aig-life-&-retirement.
About AIG
American International Group, Inc. (AIG) is a leading global
insurance organization. Building on 100 years of experience, today
AIG member companies provide a wide range of property casualty
insurance, life insurance, retirement solutions, and other
financial services to customers in more than 80 countries and
jurisdictions. These diverse offerings include products and
services that help businesses and individuals protect their assets,
manage risks and provide for retirement security. AIG common stock
is listed on the New York Stock Exchange.
Additional information about AIG can be found at www.aig.com |
YouTube: www.youtube.com/aig | Twitter: @AIGinsurance
www.twitter.com/AIGinsurance | LinkedIn:
www.linkedin.com/company/aig. These references with additional
information about AIG have been provided as a convenience, and the
information contained on such websites is not incorporated by
reference into this press release.
AIG is the marketing name for the worldwide property-casualty,
life and retirement, and general insurance operations of American
International Group, Inc. For additional information, please visit
our website at www.aig.com. All products and services are written
or provided by subsidiaries or affiliates of American International
Group, Inc. Products or services may not be available in all
countries, and coverage is subject to actual policy language.
Non-insurance products and services may be provided by independent
third parties. Certain property-casualty coverages may be provided
by a surplus lines insurer. Surplus lines insurers do not generally
participate in state guaranty funds, and insureds are therefore not
protected by such funds.
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version on businesswire.com: https://www.businesswire.com/news/home/20190529005951/en/
Matt Burkhard (Media): 212-458-4253;
matthew.burkhard@aig.comKenny Juarez (Media): 212-458-8352;
kenny.juarez@aig.com
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