Peter Zaffino, CEO of insurance broker Marsh & McLennan Cos. (MMC) , will be tapped to be deputy to new American International Group Inc. (AIG) CEO Brian Duperreault, according to a report by Insurance Insider.

AIG hired Duperreault earlier this year as it looked to turn around its insurance operations following the departure of former CEO Peter Hancock.
Zaffino held various¬†roles at Marsh, which he joined in 2001.¬†Duperreault is also a Marsh alum, after serving as the company’s CEO between 2008 and 2012.

AIG shares were down 0.8% to $62.78 in afternoon trading Wednesday.

 

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