Patricia Walsh, formerly the General Counsel at Stripe, has been appointed as the new Executive Vice President and General Counsel for the American International Group Inc. (AIG) according to an announcement made by the firm on Thursday. This change takes effect in December.
This appointment is a shift in leadership structure for AIG, occurring following their previous legal counsel’s promotion to a Vice Chair position earlier this month. Walsh’s extensive experience from a leading financial technology company like Stripe will undoubtedly bring a fresh perspective to AIG’s legal and compliance operations.
However, the exact scope of the new role for Walsh at AIG and the challenges she will address as the new legal and compliance chief remains at this point, unclear. More details are available in the original announcement from AIG.