GAM has appointed current chief risk officer Elmar Zumbuehl as its new chief executive officer.
The appointment follows a shareholder vote to decide who would be the firm's new boss at an extraordinary general meeting on Thursday (28 September). Zumbuehl joined GAM in 2010 and is a member of the group management board. Prior to joining the firm, he worked at Julius Baer's asset management business, which GAM was part of at the time, for ten years. GAM investor group changes CEO candidate day before shareholder vote He was the candidate put forward by NewGAMe, the shareholder group leading the takeover of GAM. The group had previously put forward Randel Freeman for the role b...
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