Sascha Zeitz has been appointed new chief executive officer of AIG Fund Management (Switzerland) effective 1 November 2007.

Mr Zeitz succeeds Stefan Kräuchi and in his new role he will be advancing the range of Swiss and Luxembourg investment
funds particularly in the field of alternative and insurance-linked products in addition to the business of private label fund solutions.

Mr Zeitz acted as chief operating officer of AIG Fund Management (Switzerland) and as a member of the executive board of AIG International Trust Management in Luxembourg.

Prior to that Mr Zeitz was COO of DWS/DeAM Switzerland.

AIG Fund Management (Switzerland) is the Fund Management Company of AIG Private Bank Group managing over SFr5 billion ($4.23 billion) assets in collaboration with its affiliate AIG International Trust Management based in Luxembourg.