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AMERICAN GENERAL NAMES TUTERS SENIOR VICE PRESIDENT-INVESTMENTS

 AMERICAN GENERAL NAMES TUTERS SENIOR VICE PRESIDENT-INVESTMENTS
 HOUSTON, Nov. 11 /PRNewswire/ -- American General Corporation (NYSE: AGC) today announced that Peter V. Tuters has been elected senior vice president-investments. In this newly created position, Tuters will serve as the second highest ranking officer in American General's investment division, which is responsible for an investment portfolio of $27 billion.
 Tuters, 40, joins American General from Crown Life Insurance Company where he served for more than 15 years in a number of investment management positions. Since 1986 he has been serving as vice president with responsibility for Crown Life's public and private placement bond portfolios.
 Tuters, a native of Toronto, received his B.A. in commerce and economics from the University of Toronto in 1975. He is also a certified financial analyst (CFA) and a fellow of the Life Management Institute (FLMI).
 American General, with assets of $39 billion and equity of $4.5 billion, is one of the nation's largest consumer financial services organizations. Headquartered in Houston, it is a leading provider of retirement annuities, consumer loans and life insurance. American General Corporation common stock is listed on the New York, Pacific, London and Swiss stock exchanges.
 -0- 11/11/92
 /CONTACT: James S. D'Agostino Jr., senior vice president- administration, 713-831-1224, or John E. Pluhowski, director-corporate communications, 713-831-1149, both of American General Corporation/
 (AGC) CO: American General Corporation ST: Texas IN: FIN SU: PER


CK -- NY044 -- 9734 11/11/92 12:25 EST
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Publication:PR Newswire
Date:Nov 11, 1992
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