Executive Vice President and Vice Chair AIG Life Holdings Inc.
Thomas Leonardi is Executive Vice President and Vice Chair AIG Life Holdings Inc. He is responsible for building and maintaining clear lines of communication with the numerous regulators that oversee AIG at the State, Federal and International level and directing the company’s sustainability and citizenship programs. He currently serves on the board of ACLI, APCIA and Japan Society and is a member of the U.S. Treasury’s Federal Advisory Committee on Insurance and chair of its International Committee.
Prior to joining AIG, Mr. Leonardi was a Senior Advisor to Evercore’s Investment Advisory business. During his tenure at Evercore, he advised AIG on the sale of Ascot, New York Life on its investment in an alternative asset manager, Ambac on its successful defense of an activist investor’s proxy contest, Atlas Merchant Capital in its acquisition of The Hartford’s Talcott legacy business, and Prudential Financial and The Travelers Companies in connection with international capital matters.
Prior to joining Evercore, Mr. Leonardi was Commissioner of the Connecticut Insurance Department, a regulatory agency with jurisdiction over the largest life Insurance Industry in the United States. He has been a member of the Executive Committee of both the National Association of Insurance Commissioners (NAIC) and the International Association of Insurance Supervisors. He was Chair of the NAIC’s International Insurance Relations Committee, was a member of the US Treasury’s inaugural Federal Advisory Committee on Insurance and was selected to serve on the World Economic Forum’s Global Council on Insurance and Asset Management.
He has spoken on numerous occasions across the globe on issues critical to the insurance industry. During his tenure he met with President Obama on two occasions, and testified in Congress on the Federal Insurance Office’s Modernization Report.
For 22 years prior to his appointment as Commissioner, Mr. Leonardi was Chairman and CEO of Northington Partners Inc., a Connecticut-based venture capital and investment banking boutique that specialized in the insurance industry. Before founding Northington, he was the head of the Investment Banking and Venture Capital divisions of Conning & Company in Hartford, Connecticut, President of Beneficial Corporation’s insurance subsidiaries; and began his career as a litigation attorney in Connecticut.
He was graduated from Boston University with distinction in History, summa cum laude and Phi Beta Kappa and received his Juris Doctor with honors from the University of Connecticut School of Law.