Philip Fasano has been named to the newly created role of executive vice president and chief information officer of American International Group Inc. Fasano will join the insurer in October and will report to Peter D. Hancock, AIG president and chief executive officer.
Fasano will be responsible for oversight of the company’s global information technology, including reviewing and updating technology systems and platforms, along with data management and security, AIG said. Fasano previously was EVP and CIO at Kaiser Permanente and has served as CIO at several high-profile financial services firms over the course of his 30-year career.
“I am delighted to welcome Phil to AIG,” Hancock said. “Phil is a leader in the field of information technology and has an extensive track record of improving systems and data management while creating innovative solutions to complex issues at global companies. I am confident Phil’s leadership and knowledge will help us achieve our vision of providing a truly seamless technology experience to our customers, distribution partners and employees.”
Prior to working for Kaiser Permanente, Fasano founded Capital Sourcing Group in 2005, a company focused on providing strategic advice and consulting services to the Fortune 500 and the Department of Homeland Security. He also has served in IT leadership roles at Capital One Financial, JP Morgan Chase, Deutsche Financial Services, Bankers Trust, among other companies.
Fasano earned an MBA from Long Island University in New York and a Bachelor of Science from the New York Institute of Technology. He is the author of “Transforming Health Care: The Financial Impact of Technology, Electronic Tools and Data Mining.”
