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First Chicago Honcho Joins AIG Financial Products

28 Jun 2001

AIG Financial Products has hired Jeffrey Robbins, ceo of derivatives boutique First Chicago Tokio Marine Financial Products in Tokyo, and a 15-year veteran of First Chicago/Bank One, as managing director, marketing in Tokyo. In this new position Robbins is responsible for marketing the firmÕs structured financial products. AIG FP likely will expand the operation with additional hires, Robbins noted, declining to elaborate.

Robbins said he moved to AIG FP because it is a firm with a global presence, and therefore offers better opportunities. AIG FP has a AAA rating and is therefore able to enter credit intensive long-dated transactions. Robbins reports to Nigel Pentland, ceo of Banque AIG, a subsidiary of AIG Financial Products. Pentland declined all comment.

At First Chicago Tokio Marine Financial Products, Takashi Yoshikawa, head of risk management, has replaced Robbins, according to Kiyo Miya, head of marketing in Tokyo. Yoshikawa, who hails from the Tokio Marine side of the joint venture, was scheduled to replace Robbins as ceo. Yoshikawa could not be reached for comment.

28 Jun 2001