American International Group (AIG), a New York-based provider of insurance and financial services, has promoted Brian Schreiber to the additional role of insurer’s treasurer.

Schreiber currently executive vice president of treasury and capital markets of the firm, will succeed Robert Gender, who had been AIG’s treasurer since 2005.

In his new role, Brian will be working closely with David Herzog, AIG chief financial officer as the frim execute on the capital management goals.

Schreiber joined AIG in 1997 as a portfolio manager in AIG’s asset management group and has held a series of positions of increasing responsibility before being named AIG vice president of strategic planning, senior vice president in 2003.

Herzog said Brian’s leadership, in particular around AIG’s restructuring and recapitalization, as well as helping AIG regain access to the public equity markets, has played a key role in our reemergence as an independent company.

AIG is an international insurance organization serving customers in more than 130 countries AIG companies serve commercial, institutional and individual customers through one of the most extensive worldwide property-casualty networks of any insurer.

Additionaly, AIG provider life insurance and retirement services in the US.