AIG

AIG NAMES FORMER METLIFE CHIEF AS CEO

American International Group has filled one of the hottest seats in corporate America, naming Robert Benmosche, a former head of rival insurer MetLife, as chief executive.

The appointment of Mr Benmosche, who left MetLife in 2006, fills one half of the void left when Ed Liddy, AIG's current chairman and chief executive, decided to leave the government-controlled insurer after less than a year in charge.

AIG is still looking for a chairman, whose primary job will be to manage the troubled company's fractious relationship with the Obama administration, lawmakers and regulators.

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