GlobalData
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Swiss asset manager GAM has appointed Albert Saporta as its new group CEO as part of a leadership overhaul.
Saporta will take on the new role on 1 July 2025.
He replaces Elmar Zumbuehl, who continue with the company until 31 December 2025 to enable the transition.
Over the past 21 months, under the guidance of Elmar Zumbuehl, GAM has divested non-core businesses and established a “lean, scalable” platform. This transformation was aimed at attracting investment talent and enhancing global distribution and client servicing.
Saporta, with over four decades in the investment management industry and serving as global head of Investments & Products at GAM since October 2023, will focus on speeding up growth by leveraging existing and new product offerings and exploring external opportunities.
According to GAM, Saporta has been pivotal in strengthening GAM's investment team and forging new partnerships with leading investment managers, reinforcing the company's ability to offer clients investment strategies across various asset classes.
Saporta said: "I am honoured to take on the role of GAM’s Group CEO. We have transformed GAM, and it is now well positioned with unique investment talent to deliver differentiated strategies to our clients. I am excited to be leading GAM into this next phase of sustainable growth.”
Besides, Tim Rainsford is set to rejoin GAM as Group chief distribution officer, starting 1 October 2025.
Tim Rainsford, returning to GAM, brings experience from his previous roles, including CEO of Generali Investments Partners and chief product and distribution officer for Generali Asset Management.
He will be part of the Group Management Board and work closely with Rossen Djounov, global head of Client Solutions. Djounov will continue to be a vital part of the distribution leadership, focusing on growth initiatives and “strategic” client relationships.
GAM Holding Board chairman Antoine Spillmann said: "On behalf of the Board of Directors, I would like to express our deepest gratitude to Elmar for his dedicated service and the significant achievements he has accomplished during his many years at GAM. His leadership has been pivotal in steering the company through transformative changes and setting a solid foundation for future sustainable growth. The Board is looking forward to working with Albert and Tim as GAM enters its next phase as a highly agile and scalable platform with a renewed focus on growth, innovation, and client outcomes.”
"GAM names Albert Saporta as new CEO" was originally created and published by Private Banker International, a GlobalData owned brand.
