Executive Chairman

Peter Zaffino is Executive Chairman of American International Group, Inc. (AIG), a leading global insurance company that provides a broad range of products and services for businesses and individuals around the world.

Mr. Zaffino served as Chief Executive Officer of AIG from 2021 to June 1, 2026 and Chairman of the Board of Directors since 2022. He joined the company in 2017 as Global Chief Operating Officer.

During his tenure as CEO, Mr. Zaffino led AIG through a remarkable turnaround against the backdrop of significant macroeconomic headwinds. Through disciplined underwriting, AIG reversed years of substantial underwriting losses and delivered five consecutive years of underwriting profitability through his entire tenure as CEO, returning the company to market leadership and significantly improved financial strength. Under Mr. Zaffino’s leadership, AIG built a strong culture of underwriting excellence, divested non-core businesses, invested in future-focused enterprise initiatives, modernized its end-to-end operations and technology infrastructure and solidified the balance sheet for strategic flexibility, sustainable and profitable earnings growth. He has been recognized as a commercial leader in the understanding and implementation of AI.

With more than 35 years of experience, Mr. Zaffino previously held executive leadership roles at Marsh & McLennan Companies (MMC), where he was Chairman of MMC’s Risk and Insurance businesses, which included Marsh and Guy Carpenter. Mr. Zaffino also served as Chief Executive Officer of Marsh and, prior to Marsh, as President & Chief Executive Officer of Guy Carpenter. Prior to MMC, he held senior roles within GE Capital, where he specialized in alternative risk reinsurance.

Mr. Zaffino earned his bachelor’s degree from Boston College and holds an MBA in Finance from New York University’s Leonard N. Stern School of Business. He serves on the Board of Directors of The Michael J. Fox Foundation for Parkinson’s Research and is a Trustee of the Hospital for Special Surgery.