AIG Global Investment Group Gets Approval To Set Up Representative Office In Tianjin
American International Group, Inc. (AIG) today announced that its AIG Global Investment Group (AIGGIG), part of AIG’s asset management operations, has received approval to set up a representative office in Tianjin, China. This representative office will be the first AIG affiliate entity in Tianjin.
The Tianjin representative office will liaise with the Tianjin Government and the local business community to explore business opportunities for the AIG companies in Tianjin and China as well as investment opportunities for local institutions in China and overseas. It is AIGGIG’s second representative office in China, the first having been established in Shanghai in 2002.
Following a meeting with the Mayor of Tianjin, Dai Xianglong, AIG President and Chief Executive Officer Martin Sullivan said, “Tianjin has undergone rapid development in recent years and is today the third largest city in China in per capita GDP terms, after Beijing and Shanghai(1). The establishment of the Tianjin representative office is another significant milestone for AIG, opening up a range of investment opportunities in a burgeoning market. We appreciate the support of the Tianjin government in the establishment of the representative office, and look forward to being able to contribute to the continued economic growth and success of Tianjin and China.”
Kevin Chen has been appointed Chief Representative of the Tianjin Representative Office.
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