AIG names Jay Wintrob president and CEO of its new life and retirement services business

American International Group Inc. has named Jay S. Wintrob president and chief executive of its Domestic Life and Retirement Services business.
AUG 20, 2009
American International Group Inc. has named Jay S. Wintrob president and chief executive of its Domestic Life and Retirement Services business. The position is a new one, as New York-based AIG fits its U.S. life insurance businesses under one banner. The Domestic Life and Retirement Services business includes AIG American General Life Cos., The Variable Annuity Life Insurance Co., Western National Life Insurance Co., all of Houston, as well as AIG SunAmerica Life Assurance Co. in Los Angeles and American General Life and Accident Insurance Co. in Nashville, Tenn. Together, the businesses will offer products through a multichannel distribution network that covers banks, broker-dealers, insurance agents, advisers and a direct-to customer platform. Previously, Mr. Wintrob served as the president and chief executive of AIG Retirement Services Inc. of Los Angeles. He will continue to oversee Larry Roth, CEO of the AIG Advisor Group, the broker-dealer network that includes Royal Alliance of New York; SagePoint Advisors in Phoenix; and FSC Securities in Canyon Lake, Texas. Mary Jane Fortin, now senior executive vice president, chief administration officer and finance chief of the domestic life companies, has been named president and chief executive of American General Life. She replaces Matthew E. Winter, who has been promoted to AIG vice chairman of administration. Ms. Fortin will report to Mr. Wintrob, as will the other leaders of the smaller life insurance companies.

Latest News

The 2025 InvestmentNews Awards Excellence Awardees revealed
The 2025 InvestmentNews Awards Excellence Awardees revealed

From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.

Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty
Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty

Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.

Edward Jones joins the crowd to sell more alternative investments
Edward Jones joins the crowd to sell more alternative investments

“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.

Record RIA M&A activity marks strong start to 2025
Record RIA M&A activity marks strong start to 2025

Sellers shift focus: It's not about succession anymore.

IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients
IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients

Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.