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Adam Burk Appointed Global Treasurer and Head of Corporate Development at AIG

Key Highlights:

  • Adam Burk appointed Global Treasurer and Head of Corporate Development at AIG.

  • Reporting to Sabra Purtill, EVP, Chief Financial Officer.

  • Oversees global treasury activities, including capital management and global capital markets.

  • Joined AIG in 2013, with prior roles in investment banking and corporate law.

Source (Business Wire)

Notable Quotes:

“Adam is an accomplished financial executive who has contributed to many important initiatives that helped to strengthen AIG’s balance sheet and enhance our financial flexibility as we repositioned AIG as a leading global property and casualty insurer.”

Ms. Sabra Purtill, Executive Vice President and Chief Financial Officer at AIG

“I am pleased to take on these important responsibilities working very closely with our teams across AIG to deliver on our capital management goals and support the company’s strategic initiatives to deliver value for our stakeholders.”

Mr. Adam Burk, Global Treasurer and Head of Corporate Development at AIG

Our Take:

The appointment of Adam Burk as Global Treasurer and Head of Corporate Development at AIG is a strategic move that underscores the company's commitment to robust capital management and strategic growth. With his extensive background in finance and corporate law, Mr. Burk is well-positioned to lead AIG's global treasury activities and support its long-term strategic initiatives. This leadership change is likely to strengthen AIG's financial flexibility and enhance its ability to navigate the complex global market.