Deals
AIG Said to Select Tucker to Succeed AIA’s Wilson
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American International Group Inc. plans to appoint former Prudential Plc Chief Executive Officer Mark Tucker to replace Mark Wilson as head of the bailed-out insurer’s main Asia unit, two people with direct knowledge of the matter said.
AIG CEO Robert Benmosche has told AIG’s board that Tucker will succeed Wilson at Hong Kong-based life-insurance unit AIA Group Ltd., one of the people said, declining to be identified because the appointment hasn’t been announced. The shakeup comes as AIG tries to get the unit ready for an initial public offering.