American International Group (AIG) announced that Sabra Purtill, who has served as Interim Chief Financial Officer since January 2023, has been named to the role on a permanent basis, effective immediately. Shane Fitzsimons will step down from his position following a medical leave of absence.

Sabra Purtill previously served as Chief Investment Officer of Corebridge Financial. Prior to that, she was AIG's Executive Vice President and Chief Risk Officer and Deputy Chief Financial Officer. Before joining AIG, Sabra Purtill held senior leadership roles in Finance and Investor Relations at The Hartford Financial Services Group, Inc., Assured Guaranty Ltd. and ACE Limited (now Chubb Limited).

On January 10, AIG informed that Shane Fitzsimons, Executive Vice President and Chief Financial Officer, AIG, will take a temporary medical leave of absence, effective immediately. Without disclosing further details, AIG representatives mentioned that its former CFO and current Executive Vice President, Global Chief Actuary and Head of Portfolio Management - Mark Lyons will serve as interim CFO until Shane Fitzsimons' return.

On January 30, AIG informed that Sabra Purtill has been named AIG's interim Chief Financial Officer and Turab Hussain has been named AIG's Interim Global Chief Actuary. AIG representatives mentioned that it terminated Mark Lyons from his position as AIG's interim Chief Financial Officer and Executive Vice President, Global Chief Actuary and Head of Portfolio Management after the Company became aware that he violated his confidentiality/non-disclosure obligations to the Company.