(Bloomberg) -- Zurich Insurance Group AG named James Shea head of a new unit that will combine its global corporate and commercial businesses as part of a company-wide restructuring.

Shea, 50, joins from American International Group Inc. where he headed global financial lines, Zurich said in a statement Tuesday after Swiss markets closed. It also appointed Claudia Dill and Jack Howell, who oversee Latin America and Asia Pacific respectively, to its executive committee.

Thomas Huerlimann, who led the global corporate division for five years, is moving to special projects, reporting to Chief Executive Officer Mario Greco.

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