Thomas R. Tizzio, senior advisor at American International Group, has been named honorary fundraising chairman for Spencer Educational Foundation Inc., it was announced today.

Mr. Tizzio will help the foundation, an affiliate of the Risk and Insurance Management Society Inc. (RIMS), raise funds for scholarships to support students studying risk management.

Mr. Tizzio served as president of AIG from 1991 to 1997, and was responsible for AIG's worldwide property-casualty business. After joining the AIG organization in 1967, Mr. Tizzio was active in the company's growth and development, particularly in domestic general insurance operations.

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