Peter Hancock

Peter D. Hancock is the former president and chief executive officer (CEO) of AIG. He resigned his position of president on 9 March 2017.

Biography Hancock was born in London, but raised in Hong Kong. He returned to the UK to attend Oxford University, where he received a B.A. in Politics, Philosophy, and Economics.

In 2010, at the recommendation of officials at PricewaterhouseCoopers and the Federal Reserve Bank of New York, Hancock was hired on as executive vice-president of Finance, Risk and Investments at AIG by the then-CEO, Bob Benmosche.

Hancock served as chief executive officer of AIG from 1 September 2014 to 9 March 2017. AIG paid $67.3 million to its chief executive officers in 2017, with part of the payment going to Hancock who resigned under pressure from activist investors as his turnaround plan suffered setbacks.

In March 2021, Hancock joined the board of directors of Ledger Investing.

Honors Hancock is a member of the Board of the Japan Society, as well as a member of the International Advisory Board of British American Business. He is also a William Pitt Fellow of Pembroke College, Cambridge.