American International Group, Inc. (AIG) has named Naohiro Mouri as its new Executive Vice President and Chief Auditor, and Donna DeMaio as Global Chief Operating Officer (COO), General Insurance.
Previously, Mouri held the position of Senior Managing Director at Asia Pacific Internal Audit. In his new role he will report to Brian Duperreault, President and Chief Executive Officer (CEO) of AIG, and to the Audit Committee of the AIG Board of Directors.
William G. Jurgensen, Chairman of the Audit Committee, said: “Mouri-san’s extensive experience, combined with his thorough understanding of AIG’s operations, will make him a valued partner as we develop and maintain world-class risk and control platforms according to the highest ethical and corporate governance standards.”
“Mouri-san has a proven track record of top performance in his field and brings an international mindset that will be of great value as we enhance AIG’s capacity to manage risk – with integrity and intelligence – for sustainable, profitable growth,” Duperreault added.
Commenting on his appointment, Mouri added: “I have had the good fortune to be a part of AIG’s Internal Audit Group as the team lead for Asia Pacific, and to witness first-hand the commitment and excellence of my colleagues. I look forward to working with my global team as we continue our important and rewarding work serving our stakeholders effectively with assurance, advice and insight.”
Prior to her new role, DeMaio was Chief Auditor at AIG. In addition to her duties as Global COO, DeMaio will be a member of the General Insurance Executive Leadership Team. She will now report to Peter Zaffino, CEO, General Insurance.
Zaffino said: “Donna brings seasoned operating and financial expertise to her new role as Global Chief Operating Officer for General Insurance, including over 30 years of experience working in the financial services sector. Donna’s accomplished background and history of success will be tremendous advantages in this critical role as we work to deliver on our priorities for the business.”
Duperreault also commented on Demaio’s appointment, saying: “My thanks and congratulations go to Donna for her contributions as Chief Auditor and on AIG’s Executive Leadership Team. Her business acumen and management experience will be great assets to Peter and the General Insurance Executive Leadership Team as they position the business for future success.”
DeMaio’s responsibilities will include improving the business’s operational processes, driving the technology strategy, project management, and leading General Insurance’s shared services, procurement and real estate functions.
DeMaio said: “This is an exciting time to be joining Peter and the General Insurance team. I look forward to partnering with colleagues around the world to leverage our many strengths and make further progress on improving our performance and delivering profitable growth.”
Mouri is currently a member of the Internal Audit Group leadership team at AIG and joined the company in 2015. He is also Senior Vice Chairman of the Institute of Internal Auditors (IIA) Global Board of Directors, and has previously held chief auditor positions at JP Morgan for Asia Pacific, Shinsei Bank, Morgan Stanley Japan and Deutsche Bank Japan.
DeMaio has held positions as President and CEO of United Guaranty Corporation (UGC) and CEO of MetLife Bank. Before this, she was a partner with PricewaterhouseCoopers in the Financial Services Practice and National Office, and has been placed in American Banker’s list of the Top 25 Women in Banking.
