Bailed-out insurance giant American International Group has appointed New York Federal Reserve Bank’s former vice president of risk management, Brian Peters, as its senior managing director of enterprise risk management. He replaces Charlie Shamieh, who was promoted last month to become AIG’s corporate chief actuary. 

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...