American International Group Inc. named Robert Gifford as president and CEO of AIG Global Real Estate, the international real estate investment organization.

Gifford's experience includes 22 years with AEW Capital Management L.P., a Boston-based real estate investment management advisor. Prior to AEW, Gifford worked for The Rouse Co., a developer and owner of regional shopping centers, urban mixed use projects and planned communities.

Gifford succeeds Jeffrey Hurd, SVP and head of asset management restructuring and AIG chief administrative officer, who has been serving as interim president and CEO of AIG Global Real Estate. Hurd will resume his previous responsibilities on a full-time basis.

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