AIG Names Thomas Lillelund as Chief Executive Officer of AIG Europe SA

By a News Reporter-Staff News Editor at Insurance Business Weekly -- American International Group, Inc. (NYSE:AIG) announced that Thomas Lillelund will join as Chief Executive Officer of AIG Europe SA. Headquartered in Luxembourg, AIG Europe SA is a new legal entity for AIG's business in the European Economic Area and Switzerland. The new entity has been established to provide business continuity for AIG's European operations after the United Kingdom leaves the European Union.

In this new role, Mr. Lillelund will report to Chris Townsend, Chief Executive Officer, International General Insurance. His appointment is subject to the required regulatory approval. Mr. Lillelund joins from Aspen Re where he has been Chief Executive Officer. He will be responsible for Continental Europe and Ireland. Anthony Baldwin, currently CEO of AIG Europe Limited, will become Chief Executive Officer of AIG's new UK entity, American International Group UK Limited, and will continue to report to Mr. Townsend.

Commenting on Mr. Lillelund's appointment, Mr. Townsend said: "I'm delighted to welcome Thomas back to AIG as CEO of our European business. Thomas is a well-respected international insurance executive who is a strategic leader with experience growing and building teams."

Previously, Mr. Lillelund served as regional managing director of the Asia Pacific region for Aspen Re. During his 20-year career, Mr. Lillelund previously served as AIG's Regional Vice President in Southeast Asia, and worked for various companies in Hong Kong, South Africa and the US.

Keywords for this news article include: Business, Luxembourg, American International Group Inc..

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