Total Pageviews

Goldman Names New Director

Goldman Sachs said on Monday that Mark E. Tucker, the chief executive and president of AIA Group, the Asian life insurer, had joined its board, expanding the number of directors to 12.

Mr. Tucker, 54, will be on the board's audit, risk, compensation and corporate governance and nominating committees.

AIA was spun out of American International Group in a $17.8 billion initial public offering on the Hong Kong exchange in 2010. A.I.G. has since been selling additional shares of AIA and now holds a 13.7 percent stake in the company.

Before joining AIA, Mr. Tucker was head of Prudential of Britain (no relation to Prudential of the United States) from 2005 to 2009.

A graduate of the University of Leeds, he is qualified as a chartered accountant. Mr. Tucker served as a non-executive director of the court of the Bank of England from 2009 to 2012.

Lloyd C. Blankfein, the chief executive of Goldman, said in a statement: “Mark has broad and deep ope rating and strategic experience across Asia Pacific, Europe and North America. And, with his nearly three decades of leadership in the insurance and banking sectors, Mark has a proven understanding of effective risk management.”