GAM announces changes to board: Michele Porro resigns
Zurich-headquartered asset manager GAM has announced a number of changes to its management board, with Martin Jufer taking over the role of regional head continental Europe, replacing Michele Porro. Larissa Alghisi Rubner joins as a new member, representing Communications
Jufer is currently responsible for operations in continental Europe, his role has now been expanded to include cross-functional cooperation, oversight and governance of the Continental European legal entities, and represent the company in local industry associations. He will also run GAM’s private labelling business, which provides management company and fund service solutions for third parties.
GAM also confirmed that Michele Porro decided to leave the company with immediate effect. Alexander Friedman, group CEO, said: “On behalf of the Group Management Board, I would like to thank Michele Porro for his contribution across the various stages of the evolution of our company. I am grateful that we are able to put the coordination of our regional activities and business operations in Continental Europe into Martin Jufer’s experienced hands.”
In addition, Alghisi Rubner has been appointed as group head of communication, subject to regulatory approval. Alexander Friedman said: “Communications is an important strategic function for a leading global investment management firm. We are pleased that Larissa will take on this expanded role and become a member of our senior leadership team.”