American International Group Inc. (NYSE: AIG) — The New York financial services company named Brian Schreiber chief strategy officer overseeing M&A. Schreiber, who started at AIG in 1997 as a portfolio manager, will also be in charge of global planning and divestitures, sharing responsibility for investor relations with CFO David Herzog. The announcement comes as AIG continues to expand after years of contracting through asset sales to repay a U.S. bailout. The company inked a deal in January to buy Laya Healthcare to expand in Ireland and, in April, purchased a stake in K2 Intelligence as it seeks to offer clients protection from cyber-attacks. Separately, Peter Juhas is stepping down as global head of strategy. Juhas, who joined in 2011 after previously working at Morgan Stanley, is leaving to pursue “new opportunities,” according to an AIG memo.
BTIG LLC — The San Francisco-based investment bank hired Tim Chiang as a managing director and specialty pharmaceutical research analyst. Prior to joining BTIG, Chiang was a managing director and senior analyst at CRT Capital Group for five years. He held similar positions at FTN Midwest Research and Natexis Bleichroeder, and was part of the specialty pharmaceutical research team at Banc of America Securities and UBS Securities.