Robert Benmosche, the chief executive of American International Group (AIG), has said he remains committed to lead the insurance firm through its challenges, amid reports that he was considering stepping down from the post.
According to a report published in The Wall Street Journal, Benmosche told employees through an internal memo on Wednesday that he remained "totally committed to leading AIG through its challenges".
Through the memo, Benmosche aimed to assuage employees' concerns that he was considering leaving, and said he would continue to "fight" on their behalf, the report said.
The memo also appeared to lay down the challenges in the company's negotiations with the Obama administration's pay czar, Kenneth Feinberg, who is overseeing compensation process at seven companies that have received substantial government aid, it added.
Benmosche also called the compensation issue a "barrier" that "stands in the way of restoring AIG's value" and repaying its government debts, which amount to about $90 billion.
Last week, after a three-hour meeting between AIG's board and Feinberg, Benmosche had told fellow directors that he was "done".
But according to people familiar with the matter he agreed to consider staying at AIG, the report added.
