AIG names Philip Fasano CIO

Source: American International Group

American International Group, Inc. (AIG) announced today that it has named Philip Fasano to the newly created role of Executive Vice President and Chief Information Officer.

Mr. Fasano, who will join AIG in October, will report to AIG President and Chief Executive Officer, Peter D. Hancock.

Mr. Fasano joins AIG from Kaiser Permanente, where he was Executive Vice President and Chief Information Officer. He has extensive experience, is a proven leader in the information technology field, and has served as Chief Information Officer at several high-profile financial services firms over the course of his 30-year career.

At AIG, Mr. Fasano will be responsible for oversight of the company's global information technology, including reviewing and updating technology systems and platforms, along with data management and security.

"I am delighted to welcome Phil to AIG," said Peter D. Hancock, President and Chief Executive Officer, AIG. "Phil is a leader in the field of information technology and has an extensive track record of improving systems and data management while creating innovative solutions to complex issues at global companies. I am confident Phil's leadership and knowledge will help us achieve our vision of providing a truly seamless technology experience to our customers, distribution partners, and employees."

Prior to working for Kaiser Permanente, Mr. Fasano founded Capital Sourcing Group in 2005, a company focused on providing strategic advice, and consulting services to the Fortune 500 and the Department of Homeland Security. In addition, Mr. Fasano has served in IT leadership roles at Capital One Financial, JP Morgan Chase, Deutsche Financial Services, Bankers Trust, among other companies.

Mr. Fasano earned an MBA from Long Island University in New York, and a Bachelor of Science from the New York Institute of Technology. He is the author of "Transforming Health Care: The Financial Impact of Technology, Electronic Tools and Data Mining." 

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