AIG BOARD OF DIRECTORS ELECT JAMES COLE Jr AS NEW DIRECTOR.

The American International Group, Inc   Board of Directors on the 2nd of March elected James Cole, Jr., as a Director effective March 15, 2021. Mr. James Cole, age 52  is the current Chairman and Chief Executive Officer of The Jasco Group, a New York City-based multidimensional investment management firm. He has also worked previously for the departments of Education and Transportation.

In December 2014, U.S Senate confirmed him as the Department of Education General Counsel. This was after spending three years as Assistant General Counsel of the U.S Department of Transportation. Under the Obama administration, he served as the Delegated Deputy Secretary of Education, where he supervised Obama's My Brother's Keeper Task Force.

Mr. Cole also has around 15 years of experience at the law firm Wachtell, Lipton, Rosen & Katz where he specialized in Mergers & acquisitions, and Corporate Governance. He also became the firm's first black partner. Mr. James Cole Jr. began his career as a financial analyst at GE Capital Corporation.

He received his B.S in Finance from the University of Illinois at Urbana-Champaign and his JD at the University of Chicago. Currently, Mr. Cole serves as a member of the Board of Directors of Jumpstart. This organization caters to socio-economic programs and language literacy for preschool children from under-resourced communities.

Mr. Cole has stated that "It is a privilege to join the AIG's Board of Directors at a pivotal time in the company's history. The steady progress the AIG has made in recent years is evident and I look forward to working with other AIG Directors in supporting the Executive Leadership Team, and the entire organization as they pursue their vision for the future and accelerate their momentum to become a top-performing franchise."

The AIG is a leading global insurance company with member companies that provides in approximately 80 countries and regions a wide range of insurance policies like life insurance and property-casualty insurance as well as other financial services to clients.

AIG President and CEO Peter Zaffino opine that Mr. Cole will be a valued member of the team. "James has a forward-looking, optimistic point of view and he will help rise to the challenge as a global risk management and insurance company seeking to create value for our clients, shareholders, and other stakeholders while investing in the future of our colleagues."