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AIG flag In this file photo, an AIG banner flies at the office building in New York. Mark Lyons joined AIG the second time from Arch Capital Group Ltd., where he had worked since 2002. He has been at firms including Berkshire Hathaway Inc. and Zurich Insurance Group AG. (AP Photo/Mark Lennihan, file)

American International Group Inc. promoted Mark Lyons, who rejoined the insurer earlier this year, to succeed Sid Sankaran as chief financial officer.

Lyons became AIG’s chief actuary of general insurance in June and will continue in that role until a successor is named, the company said Tuesday in a statement. Sankaran will remain as an adviser for the year-end reporting process.

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