New York Fed risk chief joins AIG

Brian Peters has joined AIG as head of the enterprise risk management group. He replaces Charlie Shamieh, who was promoted last month to become AIG's corporate chief actuary. Peters was previously senior vice-president in charge of risk management at the Federal Reserve Bank of New York. At AIG he will report to the chief risk officer, Sid Sankaran. Peters will be barred from working with the New York Fed, the US Treasury or the Federal Reserve Board for his first six months in the job, AIG said