AIG has promoted Tibor Nagy to the position of CFO, Australia.

Mr Nagy has worked at AIG for almost 23 years, including stints in Budapest, Warsaw, New York and Bangalore, where he was AIG’s Global Finance Centre Controller until his promotion to the Sydney-based CFO role.

Mr Nagy reports to CEO Australia Noel Condon and CFO International General Insurance David Junius. He graduated as an economist from the Budapest Business School.

Mr Nagy replaces Debbie Wilson, who held the Sydney-based CFO role for three years before moving to Swiss Re as CFO ANZ in July.