American International Group, Inc. (AIG) has announced that Donald P. Kanak, executive vice chairman and chief operating officer, has resigned from the company, effective January 31, for personal reasons.
Kanak has also resigned from the AIG board of directors with immediate effect.
Kanak has agreed to be available over the coming months to assist in a smooth transition of his responsibilities and to provide advice to management.
Kanak joined AIG in 1992 in Japan, and later became president and CEO of AIG’s companies in Japan and Korea. He was named to his current position last year.
Ralph says: 
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