Donna DeMaio has been promoted from chief operating officer (COO) to CEO of United Guaranty, a subsidiary of American International Group Inc. (AIG). She replaces Kim Garland, who was named chief underwriting officer for the global consumer business of AIG's property insurance unit.
DeMaio (pictured top) joined United Guaranty in May. Prior to that, she was chief executive at MetLife Bank, a unit of MetLife Inc. Garland (pictured bottom) was CEO of United Guaranty since February and was previously the company's COO. Before joining United Guaranty in 2009, he was president of Safeco's Open Seas Solutions group.