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Allied World Assurance appoints new board member

Allied World Assurance Company has appointment Patrick de Saint-Aignan to its board of directors. He has over 30 years experience in investment banking.

Mr de Saint-Aignan has held multiple positions at Morgan Stanley internationally from 1974 to 2007, where he became a managing director and, most recently, an advisory director. He held responsibilities in corporate finance and capital markets and headed Morgan Stanley’s global fixed income derivatives and debt capital markets activities, its office in Paris, France, and the firm-wide risk management functions.

Mr de Saint-Aignan was also a founder, director and chairman of the International Swaps and Derivatives Association; censeur on the supervisory board of IXIS Corporate and Investment Bank; and independent director of the Bank of China Limited, where he served as chairman of the audit committee, and a member of the risk policy, personnel and remuneration committees.

Scott Carmilani, president and CEO, said: We welcome Patrick to our board of directors. He has tremendous experience in financial services and will bring a wealth of knowledge to both our board and our company.