Chartis now will be organized under three major geographic areas, the Americas, Asia and EMEA (Europe, Middle East and Africa), in order to execute commercial and consumer strategies and focus more on its growth economies initiatives.
Peter Eastwood, president and CEO of the U.S. and Canada, will assume responsibility for the Americas, which includes the U.S., Canada, Latin America and Bermuda. Jose Hernandez, president and CEO of the Far East Region, now will have responsibility for Japan and Chartis’ Asia Pacific region.
Robert Schimek has been named president and CEO of EMEA, with responsibility for Europe, the Middle East and Africa. Schimek had been Chartis’ CFO for the last six years. James Bracken, who has served as a deputy CFO for Chartis, has been appointed CFO for the company and will report to David Herzog, CFO for AIG.
In addition, Alexander Baugh will become Chartis' chief risk officer and head of strategic planning, reporting to Sid Sankaran, AIG’s chief risk officer. In this capacity, Baugh will lead Chartis’ efforts to ever improve its risk profile, and to drive its strategic plans in concert with AIG. Baugh had been president and CEO of Europe since Chartis’ restructuring last year.
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