David Solo has stepped down from his role as group chief executive officer of GAM Holding AG after a decade, to be replaced by Alexander Friedman.
Solo's departure is effective from 8 September 2014. He first joined the group as CEO of GAM in 2004m before becoming chief executive of the enlarged asset management division of Julius Baer in 2006. Following the separation from Julius Baer, he continued as CEO of GAM and Swiss & Global Asset Management, and assumed the role of group CEO of GAM Holding AG in April 2013. His successor Friedman previously served as global chief investment officer of UBS Wealth Management and Wealth Management Americas, as chairman of the UBS global investment committee and as a group managing director....
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