NU Online News Service, Dec. 4, 2003, 1:43 p.m. EST – American International Group Inc., New York, has picked Donald Kanak to be vice chairman and co-chief operating officer of AIG.[@@]
Kanak has been president of the AIG companies in Japan and Korea.
Kanak will be taking the place of Edmund Tse as a co-COO.
Tse, AIG senior vice chairman and head of AIG’s worldwide life insurance operations, will keep those titles and will continue to be a member of the AIG Office of the Chairman, but he now will focus on expanding AIG’s life businesses in Asia and in other countries, AIG says.