trish_walsh_aig
29 September 2023 Insurance

AIG appoints new general counsel from Stripe

American International Group (AIG) has recruited a new general counsel to lead legal, compliance, and regulatory functions, as well as government affairs for the company. The executive has served as a director on the board of Corebridge, and also worked at the US Securities and Exchange Commission (SEC).

Patricia (Trish) Walsh will join AIG as executive vice president and general counsel, effective December 1, 2023. Walsh will report to Peter Zaffino, AIG chairman and chief executive officer, and serve on AIG’s executive leadership team.

Rose Marie Glazer will remain interim general counsel until Walsh officially starts at AIG.

Walsh joins AIG from payment processing firm Stripe, where she held the position of general counsel and corporate secretary, focusing on all aspects of the company’s legal and regulatory affairs. Walsh has served as a director on the board of Corebridge Financial since September 2022.

Prior to Stripe, Walsh served as executive vice president and chief legal officer of Voya Financial. Before Voya Financial, Walsh served as deputy general counsel at Cigna Corporation and at MassMutual Life Insurance Company. She was an associate at Cleary Gottlieb Steen & Hamilton and also worked for the Office of the general counsel at the SEC.

Zaffino said: “Trish is a top legal expert in financial services, with considerable insurance industry knowledge, customer focus, and experience navigating today’s financial and regulatory environment. I am very excited to have Trish join us at this pivotal time as we position AIG for the next phase of our journey to becoming a top-performing company. As Chairman of the Corebridge Financial Board of Directors, I have had the opportunity to work closely with Trish and I am very confident that she will be a terrific addition to our leadership team and will have a significant and positive impact on AIG.”

Walsh commented: “I am honored and proud to join AIG, an iconic company poised for exciting expansion and global growth. Over my career, I've been privileged to help new companies scale and established companies find new opportunities to increase enterprise value. AIG’s leadership team, under Peter's guidance, encompasses both the bold vision and mission-driven focus I associate with start-ups with the disciplined execution and operational excellence of more established companies. I'm thrilled to be part of AIG’s journey.”

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