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American International Group Inc. has named Sabra Purtill to the newly established position of deputy CFO, head of treasury, investor and rating agency relations and corporate development, the insurer said Tuesday.
AIG said the New York-based Ms. Purtill, who will report to Mark Lyons, AIG’s executive vice president and chief financial officer, will oversee the company’s engagement with key financial stakeholders, including ratings agencies and the investor community “in a coordinated and consistent way that supports business objectives.” It said she will also oversee AIG’s treasury and credit banking functions and coordinate with the businesses regarding corporate development.
She joins AIG from The Hartford Financial Services Group Inc., where she has served for the past eight years, most recently as senior vice president, investor relations and treasurer, AIG said in its statement. In this capacity, she managed rating agency, credit and investment banking and investor relationships.
American International Group Inc. said Wednesday is it is forming AIG Re, which consolidates the insurer’s assumed reinsurance operations, including Validus Re, AlphaCat and Talbot Treaty, into one global business.