Coca-Cola Co. has named Evan G. Greenberg as a director. Greenberg, 56, is chairman and chief executive of ACE Limited, an insurance and reinsurance company. He will join the board's audit committee.

"Evan brings significant financial expertise and a wealth of experience managing global businesses to our Board," said Muhtar Kent, chairman and chief executive of Coca-Cola.

Before joining ACE, Greenberg spent 25 years at American International Group (AIG), where he worked as president and chief operating officer from 1997 to 2000. He is a member of the Council on Foreign Relations and the Business Roundtable.

Evan is the son of Maurice "Hank" Greenberg, the controversial former chief of AIG. At the height of the financial crisis in late 2008, the federal government committed up to $180 billion to rescue AIG, which was being pulled under because of bad bets on exotic financial instruments.