GAM Holding AG : GAM Holding AG announces changes in organisation model, management appointments, and board nominations

   GAM Holding AG : GAM Holding AG announces changes in organisation model,
                management appointments, and board nominations

GAM Holding AG / GAM Holding AG announces changes in organisation model,
management appointments, and board nominations . Processed and transmitted by
Thomson Reuters ONE. The issuer is solely responsible for the content of this
announcement.

Zurich, 16 January 2013

GAM Holding AG announces a shift from its operating model as a pure financial
holding company to a more integrated organisational structure, combining the
management responsibility for its operating businesses at Group level. At the
next Ordinary Annual General Meeting (AGM) and the end of his term on 17 April
2013, Johannes A. de Gier, current Chairman and Chief Executive Officer of GAM
Holding AG, will stand for re-election to the Board of Directors solely
retaining his position as the company's Chairman. David M. Solo, currently the
Chief Executive Officer of GAM Holding AG's two operating businesses, will
then assume the newly created role of Group Chief Executive Officer. At the
AGM, the Board of Directors will also propose the re-election of two other
current members and the election of one new member.

Johannes A. de Gier, Dieter Enkelmann and Hugh Scott-Barrett whose terms of
office as members of the Board of Directors of GAM Holding AG will expire in
April 2013 have all agreed to stand for re-election. The Board of Directors
will also nominate Tanja Weiher for election as a new independent member.
Assuming a positive shareholder vote on these proposals, the Board of
Directors would increase from five to six members.

Combining David M. Solo's current management responsibilities in one role at
the level of GAM Holding AG will simplify the Group's executive structure and
facilitate a transition to a more streamlined, functional organisation,
replacing GAM Holding AG's current status as a pure financial holding company.
While GAM and Swiss & Global Asset Management will remain distinct operating
units with separately branded products, the new structure will allow the Group
to further integrate common functions and to exploit additional synergies.

Consistent with the planned changes to the operating model, the finance and
risk functions across the Group will now be combined in an expanded Group
Chief Financial Officer role under Marco Suter, currently Group Head of Risk.
After three successful years as GAM Holding AG's Chief Financial Officer,
Andrew Wills will work closely with Marco Suter to transition his current
responsibilities and subsequently pursue other opportunities outside the
Group. The Board of Directors thanks him for his outstanding contribution
during his tenure, particularly for his achievements in overseeing the complex
separation from Bank Julius Baer and the independent listing of GAM Holding AG
in 2009.

The Group does not anticipate any extraordinary restructuring charges from
this reorganisation, further details of which will be provided on 5 March 2013
at the presentation of the 2012 annual results. The Group is and will remain
under the consolidated supervision of the Swiss Financial Market Supervisory
Authority (FINMA). Accordingly, the new organisation and associated personnel
changes require the approval of FINMA with whom the company has an ongoing
dialogue.

Commenting on the changes, Johannes A. de Gier said: "This evolution of our
operating model reflects the ever-changing nature of our business and the
competitive environment. The increasing convergence of the core activities of
GAM and Swiss & Global towards the management of onshore regulated funds means
that both face similar challenges which are best addressed by bundling our
support capabilities. Further integration will allow us to manage our
resources and the increased industry complexity more effectively and
efficiently. On the other hand, we remain flexible and broadly diversified by
retaining two operating units with multiple investment management teams,
product brands and distribution capabilities. Finally, the Board of Directors
and I are pleased that we will be able to manage these changes with great
continuity at the operational management level, and with the expected addition
of a valuable new Board member. Tanja Weiher's first-hand experience in the
financial services industry which she has earned across different market
cycles as well as her personality and strategic acumen, make her an excellent
candidate for our Board and we are delighted she has agreed to stand for
election at the next AGM."

CV of Tanja Weiher:

Tanja Weiher is the founder and managing partner of Weiher Partners, an
independent consulting boutique based in Zurich, advising companies on
strategy and process development, particularly in the fields of organisation
and people management. Before starting her own business in 2011, Tanja Weiher
was a managing director at UBS. During her thirteen years at the bank, she led
its group-wide strategy development unit and subsequently worked at UBS's
global wealth management and Swiss banking division, as the division's Global
Head of Controlling and later as its Chief Financial Officer and a member of
its executive committee. Tanja Weiher holds a Master of European Management
from the Copenhagen Business School and graduated in business administration
at the Wirtschaftsuniversität Wien (Vienna). She was born in 1968 and is a
Swiss / Austrian citizen.

For further information please contact:

Media Relations:
Larissa Alghisi Rubner, GAM Holding AG
T: +41 (0) 58 426 62 15

Investor Relations:
Thomas Schneckenburger, Bluechip Financial Communications
T: +41 (0) 44 256 88 30

About GAM Holding AG

GAM Holding AG is an independent, well-diversified asset management group. Its
operating businesses - GAM and Swiss & Global Asset Management - focus on the
development and distribution of actively managed investment products and
services.

GAM Holding AG is listed on the SIX Swiss Exchange and is a component of the
Swiss Market Index Mid (SMIM) with the symbol "GAM". The Group has assets
under management of CHF 116.8 billion (as at 30 September 2012) and employs
over 1,000 staff with offices in Zurich (head office), Bermuda, Grand Cayman,
Dublin, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Madrid, Milan, New
York and Tokyo.

English Press Release

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GAM Holding AG
Klausstrasse 10 Zürich Switzerland

ISIN: CH0102659627;
 
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