AIG American General has appointed Durr Sexton as president of AIG American General's Annuity profit center.

Mr Sexton will be responsible for setting strategy and direction for both the retail and group annuity business segments that offer deferred and immediate income annuity products.

Prior to this appointment, Mr Sexton served as senior vice president, regional accounts management for AIG American General’s Life Brokerage profit center. He holds a bachelor’s degree in economics from Syracuse University.

David O’Leary, president and CEO of Specialty Markets Group, the department in which the Annuity profit center lies, said: Throughout his 20-year career with AIG American General, Durr Sexton has demonstrated high energy, innovation and strong leadership.

These are exactly the traits we think will allow him to continue to grow and develop our Annuity profit center as we maintain a resolute focus on helping producers and contract owners alike achieve their financial goals and objectives through the unique features and benefits only annuities can provide.