GAM Holding AG has announced changes to the composition of its Group Management Board (GMB). It has been expanded by including the role of group head of Investments.
Matthew Beesley, who joined GAM in March 2017, will take up this position on the GMB, following the customary regulatory approval process.
Beesley has been instrumental in implementing the Group’s strategy to evolve its investments business from a regional and segregated investment team structure into an effective and cohesive globally consistent investment management platform. This better positions the firm to adapt to global regulatory change, increases operational efficiency and, importantly, aligns the business to the needs of our clients.
Natalie Baylis, who joined GAM and the GMB as group head of Compliance in June 2018, has decided to step down from her role for personal reasons and will leave GAM at the end of October 2018.
David Kemp, who was previously general counsel, Asset and Wealth Management at Schroders and has extensive industry and regulatory experience, will join GAM on 1 October 2018 as interim group head of Compliance reporting to group CEO, Alexander Friedman.
Kemp will work closely with Rachel Wheeler, previously General Counsel at Aviva Investors, who took up her position as group general counsel and member of the GMB on 3 September 2018.