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AIG Appoints New Senior Vice President

Prior to joining AIG, Alain Karaoglan served as Managing Director, Equity Research at Banc of America Securities

American International Group (AIG) has named Alain Karaoglan as Senior Vice President of Divestiture team. In his new role, Mr. Karaoglan will be responsible for marketing AIG’s divesting assets and managing the resulting transactions.

Mr. Karaoglan will report to Paula Rosput Reynolds, Vice Chairman and Chief Restructuring Officer of AIG. Ms. Reynolds said: “Skilled in corporate finance, Alain has broad experience in both public market and private market transactions across all asset classes.”

Prior to joining AIG, Mr. Karaoglan served as Managing Director, Equity Research at Banc of America Securities. Before that, he served as Managing Director, North American Equity Research, for Deutsche Bank Securities.

Philip Jacobs, formerly AIG’s Senior Vice President, Divestiture, has accepted a senior tax-related position with another company.