NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) today announced that Martha Gallo has been named Executive Vice President and Head of Internal Audit, reporting to Christopher S. Lynch, Chairman of the Audit Committee of the AIG Board of Directors, and Peter D. Hancock, Chief Executive Officer.
Ms. Gallo succeeds Paulette Mullings-Bradnock, who has been named Senior Vice President and Head of Strategic Expense Management for the company. In this role, Ms. Mullings-Bradnock will lead the effort across AIG to improve the company’s cost base. Ms. Mullings-Bradnock will report to David Herzog, Executive Vice President and Chief Financial Officer. The appointments take effect May 5, 2015.
“Paulette is one of the most respected leaders at AIG, and the profound impact she has had as Director of Internal Audit for the last five years is what inspired me to ask her to take on this important role,” Mr. Hancock said. “Working closely with leaders across AIG, Paulette will bring a proven mix of strategic direction, goal definition, and unrelenting focus on implementation to an AIG priority that, truly, is pivotal to our earning the confidence of our investors, clients, and partners over the long term.”
Ms. Gallo joins AIG with more than 30 years of experience from JP Morgan Chase, where she served in a variety of executive roles, most recently as Head of Compliance and Regulatory Management, and, before that, as General Auditor.
“Martha joins AIG at a pivotal time as we continue to strive to build world class risk and control platforms according to the highest ethical and corporate governance standards,” Mr. Lynch said. “Her strategic direction, deep understanding of risk and control frameworks, and insights into the regulatory landscape will serve as touchstones for the entire company and the Board.”
Ms. Gallo is a graduate of Cornell University, with a B.S. in Human Development and Family Studies and a M.B.A. in Accounting and Finance. She currently serves on the Board of the Battery Park City Authority and is Co-Chair of the Women’s Refugee Commission Board.
Before becoming head of Internal Audit, Ms. Mullings-Bradnock was Deputy Director and Chief of Staff for the Internal Audit Division. Prior to joining AIG in 2005, Ms. Mullings-Bradnock worked for 21 years at JPMorgan Chase, where she held a number of senior audit positions, including Audit Partner and Vice President.
Ms. Mullings-Bradnock is a Certified Fiduciary and Investment Risk Specialist. She earned a bachelor’s degree in Accounting and Information Systems from The City University of New York, Queens College, and completed the Strategic Management Program at Smith College. She currently serves on the Board of Governors for The Institute of Internal Auditors' New York Chapter. She also serves on the Board of the Make-A-Wish Foundation of Metro New York and Western New York where she is the Chair of its Audit Committee.
American International Group, Inc. (AIG) is a leading global insurance organization serving customers in more than 100 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance | LinkedIn: http://www.linkedin.com/company/aig
AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.
