Zurich-based asset manager GAM Holding, with total assets under management of SFr12.7 billion ($16.51 billion) has announced a change in its senior leadership team as the firm moves into the next phase of its development.

GAM Holding has appointed Gerhard Lohmann (pictured) as group chief financial officer, effective 26 March 2026. Lohmann will also become a member of the group management board based in Zurich.

He will be succeeding Richard McNamara, who has decided to step down as GAM’s group CFO to take on a new role within the asset management industry. McNamara, who joined GAM in 2015 as group CFO, will depart at the end of April 2026, enabling a smooth transition, the firm said in a statement.

Lohmann brings a track record across banking, insurance, reinsurance and asset management. As a Swiss-based finance leader with international reach, he has held senior executive positions at both Credit Suisse and Swiss Re. At Credit Suisse, he served as chief operating officer for EMEA and chief financial officer for International Wealth Management, following earlier leadership positions across the firm’s asset management and corporate and retail banking divisions. At Swiss Re, he was chief financial officer of the reinsurance business unit and a member of its executive committee, leading global finance teams and shaping the group’s financial architecture. In these roles he has overseen large international teams and supported organisations operating in highly regulated environments.

His expertise spans financial strategy, liquidity and capital management, risk oversight, regulatory engagement, M&A integration and modernising finance platforms. Lohmann has also contributed to social impact initiatives, including board roles in education and entrepreneurship programmes in East Africa.

“His deep international experience, proven financial leadership and strong reputation for strategic execution make him exceptionally well suited to advance GAM’s strategy,” Albert Saporta, CEO of GAM Holding, said.