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AIG hires former BlackRock exec as global head of operations

Claude E. Wade

American International Group Inc. said Monday it has hired former BlackRock Inc. and insurance industry executive Claude E. Wade to the newly created role of executive vice president, global head of operations and chief digital officer.

Based in New York, Mr. Wade will join the company in the second quarter and will report to AIG President and CEO Peter Zaffino.

Mr. Wade has over 30 years of operational strategy and innovation experience, primarily with Fortune 100 companies, and previously served as global head of client experience and head of the Atlanta innovation hub at BlackRock, AIG said in a statement.

He also has insurance industry experience, having previously worked for Marsh LLC and Guy Carpenter & Co. LLC.